The noun lease has 3 senses (first 2 from tagged texts)
1. (1) lease, rental, letting -- (property that is leased or rented out or let)
2. (1) lease -- (a contract granting use or occupation of property during a specified time for a specified payment)
3. lease, term of a contract -- (the period of time during which a contract conveying property to a person is in effect)
Overview of verb lease
The verb lease has 4 senses (first 1 from tagged texts)
1. (2) rent, lease -- (let for money; "We rented our apartment to friends while we were abroad")
2. rent, hire, charter, lease -- (hold under a lease or rental agreement; of goods and services)
3. lease, let, rent -- (grant use or occupation of under a term of contract; "I am leasing my country estate to some foreigners")
4. lease, rent, hire, charter, engage, take -- (engage for service under a term of contract; "We took an apartment on a quiet street"; "Let's rent a car"; "Shall we take a guide in Rome?")