Meaning of the word "lease term" in English
What does "lease term" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
lease term
US /liːs tɜːrm/
UK /liːs tɜːm/
Noun
the period of time for which a lease is valid
Example:
•
The standard lease term for this apartment is one year.
•
We need to review the lease term before signing the contract.
Related Word: