leasing
UK: ˈliːsɪŋ | US: ˈliːsɪŋ
n. the act of granting or obtaining the use of property or equipment through a lease agreement.
v. present participle of "lease" (to grant or hold property by lease).
The word "leasing" derives from the Old English "lǣs" (a lease or letting), which evolved from the verb "lǣnan" (to lend). The suffix "-ing" is a productive English morpheme used to form nouns (indicating an action or result) or present participles. The core concept of "leasing" has remained consistent—referring to the temporary transfer of property rights—but its legal and commercial applications have expanded over time.
The company specializes in the leasing of industrial machinery.
Leasing a car can be more cost-effective than buying one outright.
They are leasing the office space for five years.
The landlord prefers leasing to long-term tenants.
Equipment leasing has become popular among startups.