leasing

Meanings

• verb

  The process of obtaining the use of an asset or property for a specified period of time in exchange for periodic payments.

  - "The company leases office space in the city."
  - "They decided to lease a car instead of buying one."

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Pronunciation

1. /ˈliːzɪŋ/
   
   
   
   Source: "https://commons.wikimedia.org/w/index.php?curid=88876119"
2. /ˈliːsɪŋ/
   
   
   
   Source: "https://commons.wikimedia.org/w/index.php?curid=88876118"

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Rhymes

Words rhyming with leasing
reasing , cheesing , pleasing

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Variants

List of all variants of leasing that leads to same result
leasing , leasings , leasable , lease , leased , leases , lend-lease , lend-leased , lend-leases , lend-leasing , re-lease , re-leased , re-leases , re-leasing

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Etymology

origin and the way in which meanings have changed throughout history.

From Old French 'laisser', meaning 'to let go, to grant permission'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Leasing has been used since ancient times, with evidence of leasing land and livestock dating back to the Babylonians.

2. The first modern car leasing company was founded in the United States in 1958.

3. Leasing is a popular alternative to buying for businesses, as it allows for more flexibility and lower upfront costs.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Finance Lease: A type of leasing arrangement where the lessee assumes all risks and benefits of ownership and is responsible for insurance, maintenance, and disposal of the asset.

2. Operating Lease: A type of leasing arrangement where the lessor retains ownership and is responsible for maintenance and insurance, and the lessee only pays for the use of the asset.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Leasing is a common financial arrangement in various industries such as real estate, automotive, and equipment financing. It allows individuals and businesses to acquire assets without having to pay the full purchase price upfront.

How to Memorize "leasing"

1. visualize
   

   - Imagine a person signing a lease agreement for a new apartment.

2. associate
   

   - Associate the word 'leasing' with the idea of renting or borrowing something for a period of time.

3. mnemonics
   

   - Use the mnemonic 'Lease: Let Everything Else Sit' to remember that leasing means 'letting' something be used by someone else.

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