Lease (?), 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.
There were some that were leased out for three lives. Addison.
2. To hold under a lease; to take lease of; as, a tenant leases his land from the owner.