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leaseOne entry found. Entry Word: lease Function: verb Meaning: 1 to give the possession and use of (something) in return for periodic payment <the landlord was willing to lease the apartment for less than we had expected> — see rent 1 2 to take or get the temporary use of (something) for a set sum <I couldnʼt afford to buy a car outright, so I decided to lease one instead> — see hire 1 
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