leasing

Lease \Lease\ (l[=e]s), v. t. [imp. & p. p. {Leased}; p. pr. & vb. n. {Leasing}.] [F. laisser, OF. laissier, lessier, to leave, transmit, L. laxare to loose, slacken, from laxus loose, wide. See {Lax}, and cf. {Lesser}.] 1. To grant to another by lease the possession of, as of lands, tenements, and hereditaments; to let; to demise; as, a landowner leases a farm to a tenant; -- sometimes with out. [1913 Webster] There were some [houses] that were leased out for three lives. --Addison. [1913 Webster] 2. To hold under a lease; to take lease of; as, a tenant leases his land from the owner. [1913 Webster]