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lease (EN)
noun, verb

noun “lease”

singular lease, plural leases
  1. a legal agreement by which someone pays to use property, equipment, or other assets for a specified time
    She signed a lease to rent the apartment for one year.
  2. the period of time for which such an agreement is in effect
    Their lease ends next month, so they need to find a new place to live.
  3. (in computing) the temporary assignment of an IP address to a device in a network
    The DHCP server renewed the lease on the computer's IP address every 24 hours.

verb “lease”

infinitive lease; he leases; past tense leased; past part. leased; ger. leasing
  1. to allow someone to use your property in exchange for payment; to let
    They decided to lease their extra office space to a startup company.
  2. to use someone else's property in exchange for payment; to rent
    The company leased new computers instead of buying them outright.
  3. (in computing) to assign a temporary IP address to a device in a network
    The network server leases IP addresses to devices when they connect.
  4. (in computing) to receive a temporary IP address from a server
    When connecting to the public Wi-Fi, your device will lease an IP address for internet access.