Definition, Meaning & Synonyms

letting

noun
/ˈlɛtɪŋ/
Definition
The act of allowing someone to use or occupy property for a specified period and in exchange for payment.
Examples
  • They are involved in property letting as part of their business.
  • The letting of apartments in the city has increased dramatically this year.
Meaning
Letting refers to the process of renting out a property, typically involving an agreement between a landlord and a tenant.
Synonyms
  • Renting
  • Leasing
  • Subletting
  • Hiring