LEASING Meaning and
Definition
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Leasing refers to the act of entering into an agreement or contract known as a lease or rental agreement, in which one party, known as the lessor, grants another party, known as the lessee, the right to use a specific asset or property for a predetermined period in exchange for regular payments. Leasing is a common business practice that allows individuals or organizations to acquire temporary use of assets without owning them outright.
Leasing typically involves various types of assets, such as real estate properties, vehicles, equipment, machinery, or even intellectual property rights. The lessor retains ownership of the asset, while the lessee gains the right to use it for a specified duration. This arrangement offers flexibility and cost-effectiveness, as it enables businesses and individuals to access resources without the need for significant upfront capital investments.
Leasing agreements usually outline the terms and conditions, including the lease duration, payment structure, responsibilities of each party, and any restrictions on use or alterations to the leased asset. The lessor may also include clauses related to maintenance costs, insurance requirements, or possible penalties for early termination or damage to the asset.
Leasing is a common financial practice in industries such as real estate, transportation, manufacturing, and technology. It provides opportunities for businesses to control costs, upgrade equipment regularly, minimize risks associated with ownership, and preserve capital for other operational needs. Additionally, leasing can be advantageous for individuals who prefer temporary or flexible access to assets without the long-term commitment and responsibilities that come with ownership.
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In Scrip., lies; falsehoods.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Top Common Misspellings for LEASING *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for LEASING
Etymology of LEASING
The word "leasing" originates from the Middle English term "lesing", which can be traced back to the Old English word "lēasung". The Old English term "lēasung" referred to a falsehood or act of deception. Over time, the meaning of "leasing" shifted and evolved, and it came to be associated with the act of renting or granting the use of a property or asset for a certain period. From Old English to Middle English and eventually to Modern English, the term "leasing" transformed to signify the granting of a lease or rental contract.
Similar spelling words for LEASING
- leaving,
- lapsing,
- blessing,
- Lassoing,
- leafing,
- losing,
- Leashing,
- leading,
- leaning,
- leaping,
- lacing,
- leaking,
- releasing,
- Loosing,
- Leasing,
- lashing,
- teasing,
- lasting,
- Ceasing,
- pleasing,
- easing.
Conjugate verb Leasing
CONDITIONAL
I
would lease
we
would lease
you
would lease
he/she/it
would lease
they
would lease
FUTURE
I
will lease
we
will lease
you
will lease
he/she/it
will lease
they
will lease
FUTURE PERFECT
I
will have leased
we
will have leased
you
will have leased
he/she/it
will have leased
they
will have leased
PAST
I
leased
we
leased
you
leased
he/she/it
leased
they
leased
PAST PERFECT
I
had leased
we
had leased
you
had leased
he/she/it
had leased
they
had leased
PRESENT
I
lease
we
lease
you
lease
he/she/it
leases
they
lease
PRESENT PERFECT
I
have leased
we
have leased
you
have leased
he/she/it
has leased
they
have leased
I
am leasing
we
are leasing
you
are leasing
he/she/it
is leasing
they
are leasing
I
was leasing
we
were leasing
you
were leasing
he/she/it
was leasing
they
were leasing
I
will be leasing
we
will be leasing
you
will be leasing
he/she/it
will be leasing
they
will be leasing
I
have been leasing
we
have been leasing
you
have been leasing
he/she/it
has been leasing
they
have been leasing
I
had been leasing
we
had been leasing
you
had been leasing
he/she/it
had been leasing
they
had been leasing
I
will have been leasing
we
will have been leasing
you
will have been leasing
he/she/it
will have been leasing
they
will have been leasing
I
would have leased
we
would have leased
you
would have leased
he/she/it
would have leased
they
would have leased
I
would be leasing
we
would be leasing
you
would be leasing
he/she/it
would be leasing
they
would be leasing
I
would have been leasing
we
would have been leasing
you
would have been leasing
he/she/it
would have been leasing
they
would have been leasing
