Lease Purchase Agreements





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lease

As noun

a contract renting land, buildings, etc

, to another; a contract or instrument conveying property to another for a specified period or for a period determinable at the will of either lessor or lessee in consideration of rent or other compensation

the property leased

the period of time for which a lease is made:a five-year lease

As verb (used with object), leased, leasing

to grant the temporary possession or use of (lands, tenements, etc

) to another, usually for compensation at a fixed rate; let:She plans to lease her apartment to a friend

to take or hold by lease:He leased the farm from the sheriff

As verb (used without object), leased, leasing

to grant a lease; let or rent:to lease at a lower rental

As Idioms

a new lease on life, a chance to improve one's situation or to live longer or more happily:Plastic surgery gave him a new lease on life

purchase

As verb (used with object), purchased, purchasing

to acquire by the payment of money or its equivalent; buy

to acquire by effort, sacrifice, flattery, etc

to influence by a bribe

to be sufficient to buy:Twenty dollars purchases a subscription

Law

to acquire (land or other property) by means other than inheritance

to move, haul, or raise, especially by applying mechanical power

to get a leverage on; apply a lever, pulley, or other aid to

Obsolete

to procure, acquire, or obtain

As verb (used without object), purchased, purchasing

to buy something

As noun

acquisition by the payment of money or its equivalent; buying, or a single act of buying

something that is purchased or bought

something purchased, with respect to value in relation to price; buy:At three for a dollar they seemed like a good purchase

Law

the acquisition of land or other property by means other than inheritance

acquisition by means of effort, labor, etc

:the purchase of comfort at the price of freedom

a lever, pulley, or other device that provides mechanical advantage or power for moving or raising a heavy object

an effective hold or position for applying power in moving or raising a heavy object; leverage

any means of applying or increasing power, influence, etc

the annual return or rent from land

a firm grip or grasp, footing, etc

, on something

Obsolete

booty

agreements

As noun

the act of agreeing or of coming to a mutual arrangement

the state of being in accord

an arrangement that is accepted by all parties to a transaction

a contract or other document delineating such an arrangement

unanimity of opinion; harmony in feeling:agreement among the members of the faculty

Grammar

correspondence in number, case, gender, person, or some other formal category between syntactically connected words, especially between one or more subordinate words and the word or words upon which they depend; selection by one word of the matching formal subclass, or category, in another word syntactically construed with the first

collective agreement

Law

an expression of assent by two or more parties to the same object

the phraseology, written or oral, of an exchange of promises

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