What's the difference between lease and let?

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.

Let


Definition:

  • (v. t.) To retard; to hinder; to impede; to oppose.
  • (n.) A retarding; hindrance; obstacle; impediment; delay; -- common in the phrase without let or hindrance, but elsewhere archaic.
  • (n.) A stroke in which a ball touches the top of the net in passing over.
  • (imp. & p. p.) of Let
  • (v. t.) To leave; to relinquish; to abandon.
  • (v. t.) To consider; to think; to esteem.
  • (v. t.) To cause; to make; -- used with the infinitive in the active form but in the passive sense; as, let make, i. e., cause to be made; let bring, i. e., cause to be brought.
  • (v. t.) To permit; to allow; to suffer; -- either affirmatively, by positive act, or negatively, by neglecting to restrain or prevent.
  • (v. t.) To allow to be used or occupied for a compensation; to lease; to rent; to hire out; -- often with out; as, to let a farm; to let a house; to let out horses.
  • (v. t.) To give, grant, or assign, as a work, privilege, or contract; -- often with out; as, to let the building of a bridge; to let out the lathing and the plastering.
  • (v. i.) To forbear.
  • (v. i.) To be let or leased; as, the farm lets for $500 a year. See note under Let, v. t.

Example Sentences:

  • (1) First results let us assume that clinically silent TIAs also (in analogy to clinically silent brain infarctions) could be detected and located.
  • (2) Since 1987, it has become possible to obtain immature ova from the living animal and to let them mature, fertilize and develop into embryos capable of transplantation outside the body.
  • (3) I’m not in charge of it but he’s stood up and presented that, and when Jenny, you know, criticised it, or raised some issues about grandparent carers – 3,700 of them he calculated – he said “Let’s sit down”.
  • (4) But both for malaria and Aids we’re seeing the tools that will let us do 95-100% reduction.
  • (5) • This article was amended on 1 September 2014 because an earlier version described Platinum Property Partners as a buy-to-let mortgage lender.
  • (6) Data are shown for both mutagenesis and carcinogenesis, indicating that, in this respect, even the smallest average organ absorbed dose can be effective, particularly for high-LET radiation.
  • (7) The law would let people find out if partners had a history of domestic violence but is likely to face objections from civil liberties groups.
  • (8) She said that even as she approached the gates, she was debating with the boy’s father whether to let the first-grader enter.
  • (9) Western diplomats acknowledge that the capture of Qusair is likely to have emboldened President Bashar al-Assad , making him less likely to consider concessions – let alone stepping down.
  • (10) We are drawing back the curtains to let light into the innermost corridors of power."
  • (11) I am rooting hard for you.” Ronald Reagan simply told his former vice-president Bush: “Don’t let the turkeys get you down.” By 10.30am Michelle Obama and Melania Trump will join the outgoing and incoming presidents in a presidential limousine to drive to the Capitol.
  • (12) His arm was being held by Muntari who let go of it as he entered the penalty area.
  • (13) A rubber cuff was fixed on the metal cylinder and let an opening of 8 cm, simulating the cervix uteri.
  • (14) It took years of prep work to make this sort of Übermensch thing socially acceptable, let alone hot – lots of “legalize it!” and “you are economic supermen!” appeals to the balled-and-entitled toddler-fists of the sociopathic libertechian madding crowd to really get mechanized mass-death neo-fascism taken mainstream .
  • (15) And they have no intention of letting it out of their grasp.
  • (16) American Horror Story is a paean to the supernatural whose greatest purpose is letting washed-up actors and pop stars chew the scenery on the way to winning awards .
  • (17) "Getting a 95% loan to value mortgage lets you speculate on the expected house price increases a lot more than a 75% mortgage," he said.
  • (18) Once installed, the alliance will become an awkward, obstructionist presence, committed, in the words of the Northern League's Matteo Salvini, to "a different Europe, based on work and peoples and not in the one based on servitude to the euro and banks, ready to let us die from immigration and unemployment".
  • (19) How, in the name of all that is decent and honest in this world did we let this happen?
  • (20) This was determined by letting the cultured cells phagocytize Latex particles.

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