Definition, Meaning & Synonyms

arrendamento

Noun

/a.rɛnˈda.mɛnˈtu/

Definition

The action of leasing or renting property, particularly land or buildings, typically for agricultural or commercial purposes.

Examples

The arrendamento of agricultural land allows farmers to cultivate crops without owning the land.
Many businesses rely on arrendamento to secure commercial spaces in urban areas.

Meaning

Arrendamento refers to the contract in which one party, the lessor, gives the other party, the lessee, the right to use and enjoy a property in exchange for payment over a specified period.