Meaning of the word "hire out" in English

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

hire out

US /haɪr aʊt/
UK /haɪr aʊt/
"hire out" picture

Phrasal Verb

1.

to allow someone to use something for a period of time in exchange for payment

Example:
We decided to hire out our spare room to a student.
The company hires out bicycles for tourists.
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