Equipment Lease Agreement





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equipment

As noun

anything kept, furnished, or provided for a specific purpose

the act of equipping a person or thing

the state of being equipped

the personal knowledge and skill required for a task, occupation, etc

:He has the necessary equipment for law

the rolling stock of a railroad

lease

As noun

a contract renting land, buildings, etc

, to another; a contract or instrument conveying property to another for a specified period or for a period determinable at the will of either lessor or lessee in consideration of rent or other compensation

the property leased

the period of time for which a lease is made:a five-year lease

As verb (used with object), leased, leasing

to grant the temporary possession or use of (lands, tenements, etc

) to another, usually for compensation at a fixed rate; let:She plans to lease her apartment to a friend

to take or hold by lease:He leased the farm from the sheriff

As verb (used without object), leased, leasing

to grant a lease; let or rent:to lease at a lower rental

As Idioms

a new lease on life, a chance to improve one's situation or to live longer or more happily:Plastic surgery gave him a new lease on life

agreement

As noun

the act of agreeing or of coming to a mutual arrangement

the state of being in accord

an arrangement that is accepted by all parties to a transaction

a contract or other document delineating such an arrangement

unanimity of opinion; harmony in feeling:agreement among the members of the faculty

Grammar

correspondence in number, case, gender, person, or some other formal category between syntactically connected words, especially between one or more subordinate words and the word or words upon which they depend; selection by one word of the matching formal subclass, or category, in another word syntactically construed with the first

collective agreement

Law

an expression of assent by two or more parties to the same object

the phraseology, written or oral, of an exchange of promises

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