Definition, Meaning & Synonyms
rental
noun
/ˈrɛntəl/
Definition
A rental refers to a sum of money paid or received for the use of property or other assets.
Examples
- They signed a lease for a rental apartment in the city.
- The rental cost for the car was more than they expected.
- During the summer, many beach houses are available for rental.
Meaning
The act of renting something, usually under a contractual agreement, where one party allows another to use their property for a specified period in exchange for payment.
Synonyms
- lease
- hire
- let
- loan
- sublet