- leasing
- leasing leas‧ing [ˈliːsɪŋ] noun [uncountable]COMMERCE the leasing of buildings, machinery etc. Leasing may have tax advantages compared to buying, and the things that are leased do not appear as assets in the business's accountsemˈployee ˌleasing HUMAN RESOURCESwhen a company has people working for it who are not its employees, employing them through an agency:
• He contracted with an employee-leasing company for them to provide extra staff over the Christmas period.
eˈquipment ˌleasing COMMERCEwhen a company pays to use equipment such as computers, cars, and office furniture rather than buying it* * *
leasing UK US /ˈliːsɪŋ/ noun [U] LAW, PROPERTY► a financial arrangement in which a person, company, etc. pays to use land, a vehicle, etc. for a particular period of time : »Leasing can still make financial sense, particularly for those who want a new car every two to three years.
a leasing business/company/firm »Sea Containers is a major international leasing and transport company.
the leasing of sth »The bill would create a board to oversee the leasing of state property for developing oil and natural gas reserves.
»a leasing agreement/deal
Financial and business terms. 2012.