English Lexicon

Lease-term

/ˈliːs tɜːrm/
nounCEFR B2 (Upper)Top #8500 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    The specific duration or period of time for which a lease agreement is valid and binding.

    "The initial lease-term for the commercial office space is five years."
  2. 2

    A specific condition, provision, or clause contained within a rental or leasing contract.

    "Both parties carefully reviewed every lease-term before signing the contract."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

Derived from the Middle English word 'leasen' (to let or grant by lease), originating from Old French 'laissier' and Latin 'laxare' (to loosen or leave), combined with 'term' originating from Latin 'terminus' (boundary or limit). Together, the compound evolved in legal and commercial terminology to denote the specific duration or conditions governing a rental agreement.

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