What's the difference between buy and lease?

Buy


Definition:

  • (v. t.) To acquire the ownership of (property) by giving an accepted price or consideration therefor, or by agreeing to do so; to acquire by the payment of a price or value; to purchase; -- opposed to sell.
  • (v. t.) To acquire or procure by something given or done in exchange, literally or figuratively; to get, at a cost or sacrifice; to buy pleasure with pain.
  • (v. i.) To negotiate or treat about a purchase.

Example Sentences:

  • (1) • This article was amended on 1 September 2014 because an earlier version described Platinum Property Partners as a buy-to-let mortgage lender.
  • (2) Total costs of building the three missile destroyers in Australia will amount to more than $9bn, approximately three times the cost of buying the ships ready made from Spanish company Navantia, The Australian reported on Friday .
  • (3) Eight patients aged 7-15 were using inhaled sympathomimetic aerosols only at the time of buying a nebuliser as compared with most of the older patients, who were using regular oral steroids.
  • (4) He gets Lyme disease , he dates indie girls and strippers; he lives in disused warehouses and crappy flats with weirded-out flatmates who want to set him on fire and buy the petrol to do so.
  • (5) "For a few it will feel like having your wallet nicked with the mugger then handing you a few bob back to buy a pint.
  • (6) The headteacher of the school featured in the reality television series Educating Essex has described using his own money to buy a winter coat for a boy whose parents could not afford one, in a symptom of an escalating economic crisis that has seen the number of pupils in the area taking home food parcels triple in a year.
  • (7) But it [Help to Buy] is the right policy instrument to deal with a specific problem."
  • (8) Celebrity woodlanders Tax breaks and tree-hugging already draw the wealthy and well-known to buy British forests.
  • (9) There are men who have been here for 15, 20 years or more who have never even sat in the cars because no one on the floor can afford to buy one.
  • (10) Admirable, but will destroying ivory get that message through to poachers, ivory traffickers and the workshops in east Asia and elsewhere that buy smuggled raw ivory?
  • (11) However, Pearson is understood to have believed an offer from News Corporation to buy Penguin outright would not have been financially viable.
  • (12) But Berlusconi and Sarkozy, seeking to curry favour with the strong far-right constituencies in both countries, sought to bury their differences by urging the rest of Europe to buy into their anti-immigration agenda.
  • (13) Sainsbury’s revealed on Tuesday that it had made an approach to buy Home Retail , which also owns DIY chain Homebase, and sources expect the company to return with another bid.
  • (14) For more than half a century, Saudi leaders manipulated the United States by feeding our oil addiction, lavishing money on politicians, helping to finance American wars, and buying billions of dollars in weaponry from US companies.
  • (15) Many leave banking after three to five years, not because they are 'worn out', but because now they have financial security to start their own business or go on to advocate for a cause they are passionate about or buy a small cottage in the West Country for the rest of their lives."
  • (16) Not even housebuilders are entirely happy, although recent government policies such as Help to Buy and the encouragement of easy credit have helped their share prices rise.
  • (17) Cobra collapsed into administration in 2009 after which Lord Bilimoria was criticised for using a “pre-pack” deal to buy back a stake in the firm.
  • (18) And the idea that it is somehow “unfair” to tax a small number of mostly rich people who were lucky enough to buy houses in central London that have soared in value to over £2m is perverse.
  • (19) Its Google Preferred initiative, launched in October 2014, packages up its most popular channels into more appealing media buys for big brands.
  • (20) It's also worth noting that if the Help to Buy scheme really does inflate house prices, by waiting five years before you buy you run the risk of not actually being able to save enough for a 10% deposit, because you'll need a bigger amount than you now need.

Lease


Definition:

  • (v. i.) To gather what harvesters have left behind; to glean.
  • (v. t.) To grant to another by lease the possession of, as of lands, tenements, and hereditaments; to let; to demise; as, a landowner leases a farm to a tenant; -- sometimes with out.
  • (v. t.) To hold under a lease; to take lease of; as, a tenant leases his land from the owner.
  • (v. t.) A demise or letting of lands, tenements, or hereditaments to another for life, for a term of years, or at will, or for any less interest than that which the lessor has in the property, usually for a specified rent or compensation.
  • (v. t.) The contract for such letting.
  • (v. t.) Any tenure by grant or permission; the time for which such a tenure holds good; allotted time.

Example Sentences:

  • (1) Mindful of their own health ahead of their mission, astronauts at the Russia-leased launchpad in Kazakhstan remain in strict isolation in the days ahead of any launch to avoid exposure to infection.
  • (2) In 2005, Westbrook bought the £190m head lease for Dolphin Square, once the largest block of flats in the world with a colourful list of former residents, including more than 70 MPs, at least 10 Lords and a number of intelligence agency personnel.
  • (3) The Labour leadership election gained a new lease of life today as parliament's first black female MP, Diane Abbott , entered the race and the party extended the deadline for nominations, giving extra time for new candidates to emerge.
  • (4) In 2012, the state and county committed $226m to the team in a new lease deal.
  • (5) In addition, another 25 million acres of state and federal lands in the U.S. Arctic — onshore and off — are open to oil and gas leasing; of that,13.5 million acres have already been leased.
  • (6) A student who lost her leg in the Alton Towers rollercoaster crash says she has been given a new lease of life by a hi-tech prosthetic leg and that she is stronger for her harrowing experience.
  • (7) Many articles published on the topic of lease financing point only to the benefits that may be derived.
  • (8) The MD-83 aircraft, owned by Spanish company Swiftair and leased by Algeria's flagship carrier, disappeared from radar less than an hour after it took off from Ouagadougou for Algiers.
  • (9) Although providing a new lease on life is very rewarding within itself, it can also be stressful for all involved.
  • (10) His lieutenants have floated the possibility that whoever takes over our roads could get them on 100-year leases – which would just be transferring a public asset to some private-sector oligarch.
  • (11) The retailer has also taken a £70m hit from onerous leases, and distribution centre closures in Harlow and Weybridge cost £30m.
  • (12) NT chief minister Adam Giles said the decision to lease the port rather than sell allowed the government to ensure conditions are upheld.
  • (13) But landlords often put your rent up massively at the end of your lease, meaning you have to move every two years."
  • (14) The village of Point Hope, Alaska, joined by numerous native and environmental groups, is now challenging offshore development on the 2.9 million acres in the Chukchi Sea, contending that MMS violated federal environmental laws when it conducted the lease sales.
  • (15) Her rent was increased by $20 as soon as her fixed-term lease ended, despite already being more expensive than similar properties in the area.
  • (16) That approval was therefore invalid, she said, adding the company was yet to obtain a mining lease for Alpha.
  • (17) But as Kathimerini.com reports, the plan is to definitely to lease the islands, not sell them forever: The fund reviewed 562 of the estimated 6,000 islands and islets under Greek sovereignty.
  • (18) The company hired by Royal Dutch Shell plc in 2012 to drill on petroleum leases in the Chukchi — Sugarland, Texas-based Noble Drilling US LLC — in December agreed to pay $12.2m after pleading guilty to eight felony environmental and maritime crimes on board the Noble Discoverer.
  • (19) However, Adani has turned to the national native title tribunal to override this objection, which would allow the state government to issue a lease for the mine.
  • (20) Contracts with a Lend Lease-led consortium were signed last week and construction is due to begin this year.

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