leasing
noun[U]
LAW,PROPERTYuk/ˈliːsɪŋ/usafinancialarrangementin which aperson,company, etc.paysto useland, avehicle, etc. for aparticularperiodoftime:
Leasing can still makefinancialsense,particularlyfor those whowanta newcarevery two to threeyears.
a leasing business/company/firmSea Containers is amajorinternationalleasing andtransportcompany.
the leasing of sthThebillwouldcreateaboardtooverseethe leasing ofstatepropertyfordevelopingoilandnaturalgasreserves.
aleasingagreement/deal