Pronunciation: [lˈiːsəbə͡l] (IPA) 
Leasable is spelled with the letters L, E, A, S, A, B, L, and E. In IPA phonetic transcription, it is spelled as /ˈliːzəbəl/. This word refers to something that is available for lease or can be leased. The first syllable is pronounced with a long 'e' sound. The last syllable is pronounced with a schwa sound. The 's' in the middle is pronounced with a 'z' sound. The 'a' sounds are pronounced with a short 'a' sound.
The term "leasable" is used to describe something that is capable of being leased or rented to another party for a specified period of time. It pertains to an object, property, or asset that is available to be contracted or let out to individuals or organizations for a fee or consideration.
In the context of real estate, "leasable" refers to commercial or residential spaces that can be leased or rented by tenants. Such properties are typically owned by landlords or property owners who make them available for temporary usage. These leasable spaces can encompass office buildings, retail stores, warehouses, apartments, or any other real estate property designed for occupancy.
The term "leasable" also finds relevance in the context of assets or equipment that can be leased or rented out to individuals or businesses. This may include vehicles, machinery, technology, furniture, and other tangible items that are temporarily provided to users in exchange for a lease payment.
Overall, the word "leasable" signifies the capability of something to be rented or leased, indicating that it is available for temporary use or occupancy by another party, usually through a contractual agreement that stipulates the terms, duration, and conditions of the lease.
The word "leasable" is derived from the verb "lease", which has its origins in Old French. The Old French verb "laissier" meant "to let, to leave", and it came from the Latin word "laxare", meaning "to loosen, to release". Eventually, the Old French word "leissier" emerged, which meant "to let (to someone), to lease". In English, the verb "lease" appeared around the 14th century and referred to granting the temporary possession of property or land in exchange for rent. From the verb "lease", the adjective "leasable" was formed to describe something that is able to be leased.
