Word
leased
US/ˈɫist/
UK/lˈiːsd/
Definitions
01rented out or hired
B2 · Upper Intermediate Law
v. to have paid for the use of something, like a building or vehicle, for a set period of time.
v. the past tense and past participle of 'lease', meaning to have granted or obtained use of property under a contract for a specified term.
“The company leased a new office space in the city center last year.”
“The firm leased the entire third floor of the building for a ten-year period, securing a fixed rate despite the rising market prices.”
Usage
Often used in the passive voice to describe the status of a property.
02held under a lease
B2 · Upper Intermediate Formal
adj. describes something that is rented rather than owned.
adj. describing an asset or property that is held or used under the terms of a lease agreement.
“He drives a leased car because he likes to get a new model every three years.”
“The auditor noted that the leased equipment represented a significant portion of the company's operational liabilities.”
Usage
Typically appears before the noun it modifies.
Synonyms
Antonyms
Real-World Examples
“When Dean first leased the building, she called Sangster and asked if she would fly down to help figure out the floor plan.” “In 1996, the cabin was leased for five years by the House of Blues, the restaurant and entertainment chain.” - Exam level
- CambridgeCambridgeCambridge English QualificationsThe exam suite from Cambridge University Press & Assessment, from A1 Movers up to C2 Proficiency. The benchmark names double as CEFR labels.B2 FirstIELTSIELTSInternational English Language Testing SystemThe 0–9 band test co-owned by the British Council, IDP, and Cambridge. Used for university entry, work, and migration.5.5–6.5TOEFL iBTTOEFL iBTTest of English as a Foreign Language, Internet-Based TestETS's academic English test, the standard route for US university admissions. Scored 0–120, with a 1–6 scale since 2026.1–6 scale: 4.0–4.572–94TOEICTOEICTest of English for International CommunicationETS's workplace English test, big in Japan and Korea. Listening & Reading scores 10–990 and tops out at C1.785–944
- Frequency
- Frequent
- Level
- B2 · Upper Intermediate
- Updated
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