What's the difference between lease and license?

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.

License


Definition:

  • (n.) Authority or liberty given to do or forbear any act; especially, a formal permission from the proper authorities to perform certain acts or to carry on a certain business, which without such permission would be illegal; a grant of permission; as, a license to preach, to practice medicine, to sell gunpowder or intoxicating liquors.
  • (n.) The document granting such permission.
  • (n.) Excess of liberty; freedom abused, or used in contempt of law or decorum; disregard of law or propriety.
  • (n.) That deviation from strict fact, form, or rule, in which an artist or writer indulges, assuming that it will be permitted for the sake of the advantage or effect gained; as, poetic license; grammatical license, etc.
  • (v. t.) To permit or authorize by license; to give license to; as, to license a man to preach.

Example Sentences:

  • (1) "The level of the financial penalty to be imposed in this case should be sufficient to act as an effective incentive [to all broadcast licence holders] to continue to provide all elements of their respective licensed services throughout the licensed period, even if the licensee believes that there are commercial reasons for it to cease providing all or part of the licensed service during the licence period," the regulator added.
  • (2) Therefore, a comprehensive study of human immunodeficiency virus type 1 report forms was conducted from state-licensed testing laboratories in California.
  • (3) Instead, it was argued that abortion was a surgical procedure outside the expertise of CNMs and should only be performed by licensed physicians.
  • (4) Pope Francis’s no-longer-secret meeting in Washington DC with anti-gay activist Kim Davis, the controversial Kentucky county clerk who was briefly jailed over her refusal to issue same-sex marriage licenses in compliance with state law, leaves LGBT people with no illusions about the Pope’s stance on equal rights for us, despite his call for inclusiveness.
  • (5) Tension heightened last week after Davis continued to refuse licenses to couples; on Friday, she filed a request to the supreme court to stay the lower court’s decision.
  • (6) Two antiviral agents are licensed to treat HIV infection: zidovudine and didanosine.
  • (7) Cal Zastrow, also with the group, said that, although he has stood by Davis throughout the ordeal, he wouldn’t support the clerk’s policy to allow deputies to issue licenses without her authorization.
  • (8) "Hints that the license fee payer will be hit are the closest the Tories come to explaining how they intend to pay for this."
  • (9) The currently licensed parenteral cholera vaccine has not been a useful public health tool in the control of cholera.
  • (10) Golding said the government would not soften its stance on drug trafficking and it intended to use a proportion of revenues from its licensing authority to support a public education campaign to discourage pot-smoking by young people and mitigate public health consequences.
  • (11) Formal audits of the continuing medical education activities of physicians licensed in Michigan were undertaken to assess compliance with a law mandating participation in 150 hours of continuing medical education each 3 years.
  • (12) The Mail branded the deal "a grim day for all who value freedom" and, like the Times, accused David Cameron of crossing the Rubicon and threatening press freedom for the first time since newspapers were licensed in the 17th century.
  • (13) Workmen's Compensation claims from 193 licensed Florida hospitals were reviewed for 1970 to 1972, to seek possible nosocomial infection, and 55 claims for infection were found.
  • (14) In 2010, Path licensed the Silcs design to Kessel Marketing & Vertriebs GmbH (Kessel) of Frankfurt, Germany.
  • (15) When it was first licensed for the European food market six years ago, baobab was – with a certain inevitability –proclaimed a superfood to rival quinoa, blueberries and kale.
  • (16) In a statement the club said: "We currently are in discussions with multiple parties regarding our global retail, apparel and product licensing business starting in the 2015-16 season.
  • (17) "Prime-time dramas aren't usually properties that are licensed [for merchandising] with the exception of the family-orientated Doctor Who.
  • (18) The unexpected announcement by Eric Holder, the attorney general, contradicts Utah’s refusal to recognise some 1,300 same-sex marriages that were licensed during a brief window in December when a federal judge ruled the state’s ban was unconstitutional .
  • (19) Last week, Jindal told a conference that corporate America has fashioned an “unnatural alliance with the radical left” by opposing so-called religious freedom bills that gay rights activists fear would give businesses a license to discriminate.
  • (20) Davis has said she will not resign her $80,000-a-year job and will never issue marriage licenses to same-sex couples – even if the supreme court denies her request.