leasing

USAGE SUMMARY

"leasing" is a perfectly correct and usable word in written English.
It is a verb that means to "grant the temporary use of (something) in exchange for regular payments" (Oxford English Dictionary). For example, "The company decided to lease a property so they could store their equipment."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

58 human-written examples

Leasing the land from an olive farmer, Alaime hired workmen from the local village to build his dream rustic eco resort.

The Guardian - Travel

Hockey said: "Another 40 cases relate to referrals from the community where members of the public suspect foreign investors may have broken the rules by using complex structures and illegal leasing arrangements to hide foreign ownership".

The Guardian - Business

If your new business involves leasing a premises and hiring staff, I suggest visiting the federal government's business website which will guide you through the process of setting up an ABN, arranging insurance and sorting out taxes.

The Guardian - Lifestyle

A skipper, if his boat has to be beached for repairs, can also carry on earning money by leasing his quota to someone else.

The Economist

Unlike speculators, long-term investors were attracted to Dubai because of high rental yields, provision of residence visa on property purchase and ease of buying property and leasing out on simple contract documents.The first two reasons no longer exist or at least have been limited to make the original premise far less attractive by the Dubai government.

The Economist

In addition to leasing income, she believes, manufacturers could make money from selling spare parts and repair kits.Such a concept might fly with those mostly younger consumers who have embraced the "sharing economy" and seem less keen on ownership than use.

The Economist

In a few cases banks have provided 90% of the purchase price.Investors can also pay off this debt by selling some or all of the portfolio of properties and then leasing them back again.

The Economist

China is by far the largest investor, buying or leasing twice as much as anyone else.Local elites have also played a vital role in spreading land deals.

The Economist

"Rather than a traditional horse lease, where you lease one horse exclusively, you're leasing into a whole stable when you time-share.

The Economist

Human-verified similar examples from authoritative sources

Similar Expressions

2 human-written examples

If residual values stay depressed, even owners with an option to buy when their leases end are unlikely to take up the offer.The decline in residual values also makes life harder for carmakers' financing divisions and for vehicle-leasing firms, which are trying to raise cash in tighter credit markets.

The Economist

So far only International Lease Finance, the biggest aircraft-leasing company, has threatened to cancel its order, of ten of the 555-seat planes.

The Economist

Expert writing Tips

Best practice

When writing about property or equipment, be specific about the terms of the "leasing" agreement. Include details such as duration, cost, and responsibilities to enhance clarity.

Common error

Avoid using "leasing" when you mean "loaning". "Leasing" always involves payment in exchange for use, while "loaning" implies a free transfer of use.

Linguistic Context

Leasing functions primarily as a verb, denoting the action of granting temporary use of something in exchange for payment. As Ludwig AI confirms, the term is grammatically sound and widely accepted. Examples show it applies to land, property, and equipment.

Expression frequency: Very common

Frequent in

News & Media

39%

Formal & Business

31%

Science

30%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "leasing" is a grammatically correct and widely used verb that describes the act of granting temporary use of something in exchange for payment. As Ludwig AI notes, it's well-regarded and accepted in formal English. It’s most commonly found in News & Media, Formal & Business, and Science contexts. When using "leasing", it's important to be specific about the terms and avoid confusing it with "loaning". Consider alternatives like "renting out" or "hiring out" depending on the context to add precision to your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

renting out

Focuses on the action of making something available for rent, implying a landlord's perspective.

renting

A more general term, applicable to both the giver and receiver of the temporary use.

hiring out

Emphasizes a short-term arrangement, often for services or equipment.

letting

A British English term for renting, specifically referring to property.

chartering

Usually applies to the rental of vehicles like boats or planes.

subleasing

Indicates renting from a tenant rather than the owner.

licensing

Implies granting permission to use intellectual property or other intangible assets.

conceding in locazione

It's an Italian alternative. Shifts to a more formal or legalistic context.

farming out

Indicates outsourcing a task or responsibility, not necessarily involving payment.

supplying

It broadens the scope to general provisions. Broad term that doesn't necessarily imply temporary use or payment.

FAQs

How is "leasing" different from "renting"?

While often used interchangeably, "leasing" typically refers to longer-term agreements, whereas "renting" is often used for shorter periods. A lease often involves more complex terms and conditions than a simple rental agreement.

What are some alternatives to the word "leasing"?

Depending on the context, you could use words like "renting out", "hiring out", or "chartering".

Can "leasing" apply to things other than property?

Yes, "leasing" can apply to various types of assets, including equipment, vehicles, and even intellectual property, where temporary use is granted in exchange for payment.

What's the difference between "leasing" and "licensing"?

"Leasing" generally refers to tangible assets, like property or equipment, whereas "licensing" typically pertains to intangible assets, such as software or patents. Licensing grants permission to use something, while leasing grants temporary possession.