Meaning of the word demised in English

What does demised mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

demised

Noun

the end of something that was previously considered to be powerful, such as a business, industry, or system:

Example:
The demise of the company was sudden and unexpected.

Verb

to rent or give property to someone for a particular number of years:

Example:
If an apartment is rented under a written lease, it is referred to in the lease as the "demised premises".