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Related to lease: Rental lease

a new lease of life

1. An occasion or opportunity for a renewed enjoyment in, enthusiasm for, or appreciation of one's life. Primarily heard in UK. After finding out that the tests came back negative for cancer, I feel as though I've been given a new lease of life! Mary's gotten a new lease of life ever since her daughter was born.
2. An extension or increase in the time in which something or someone can be useful or successful. Primarily heard in UK. Our company was given a new lease of life when we partnered with the global corporation. John's film got a new lease of life when his wealthy grandfather agreed to fund the rest of the production.
See also: lease, life, new, of

new lease on life

A new chance to happy, healthy, or successful after surviving a hardship. After the doctor declared that her cancer was in remission, Harriet felt like she had a new lease on life.
See also: lease, life, new, on

lease something back

to sell something, then rent it from the buyer. We sold the building to a real estate firm and then leased it back. There was some tax saving involved. We leased back the building.
See also: back, lease

lease something from someone

to rent something from someone. We decided to lease the building from the owner rather than buying it. The company always leases its cars from the dealership.
See also: lease

lease something (out) to someone

to rent something to someone. The company leases cars out to its customers. Can you lease this building to me for two years? Lease out only the first two floors.
See also: lease

new lease on life

Cliché a renewed and revitalized outlook on life. Getting the job offer was a new lease on life. When I got out of the hospital, I felt as if I had a new lease on life.
See also: lease, life, new, on

a new lease on life

also a new lease of life
an opportunity to be successful or happy after having experienced a series of difficulties The heart operation was a complete success and has given her a new lease on life.
See also: lease, life, new, on

give somebody a new lease of life

  (British & Australian) also give somebody a new lease on life (American)
if something gives someone a new lease of life, it makes them happy or healthy and gives them new energy after a period of illness or sadness The operation was such a success - it really has given her a new lease of life.
See also: give, lease, life, new, of

give something a new lease of life

to improve something that was old or old-fashioned so that it works better or looks better I've had that blue sofa re-covered and it's really given it a new lease of life.
See also: give, lease, life, new, of

new lease on life

A fresh start; renewed vigor and good health, as in Since they bought his store Dad has had a new lease on life. This term with its allusion to a rental agreement dates from the early 1800s and originally referred only to recovery from illness. By the mid-1800s it was applied to any kind of fresh beginning.
See also: lease, life, new, on

lease up

1. To fully lease some building: The housing agency leased up the new apartment building in record time. After the new building had been on the market for only one week, the real estate agent had leased it up. The retail spaces were leased up before construction even started.
2. To become fully leased: The new office building leased up in less than a week.
See also: lease, up

a new lease on life

An opportunity to improve one's circumstances or outlook.
See also: lease, life, new, on
References in periodicals archive ?
Roughly one-third of executives reported that hiring skilled lease administrators was extremely or very difficult.
Fitch's auto lease ABS rating criteria has remained essentially unchanged as fundamental criteria and methodology remains similar to the original criteria report released in 2000, with updates on industry information and related items.
Although Congress intended to treat car lease transactions on terms similar to purchases, leases have an inherent advantage.
Under the first treatment, rent is included by the lessor and deducted by the lessee according to the lease terms.
Generally, the lessor won't provide you with absolute freedom to sublease the equipment or to move the equipment from one location to another, so if moving or subleasing your equipment is a possibility, talk it over with your lessor before signing the lease.
According to Madison--and in the dissent's view--the purpose of ensuring that the guaranty could be extended beyond the first three years of the lease term was to provide an additional layer of protection to Madison in the event Bentley proved to be unreliable in fulfilling its lease obligations.
Michigan State Building Authority state lease obligations 'A+'.
If, after the lease signing, you find errors in the contract, contact the general manager or sales manager of the dealership where you got the vehicle.
The lease must include language that provides that such personal property is and will remain the property of the tenant, and may be removed from the premises by the tenant or its lender.
An open-end lease usually is slightly less costly than the closed-end lease.
On a technical level, the Board questions why section 3 (making certain "conforming amendments" to the Truth in Lending Act) strikes various references to "consumer leases," "lessors," and "lessees" that are found in the Truth in Lending Act, as consumer leases are--and would remain under H.
Knorr advises consumers to shop around to compare lease agreements before signing a lease contract.
178 defines the length of the lease term for purposes of the lessee's amortization deduction.
According to San Antonio-based hunting expert Hal Swiggart, there would be little hunting in the state without the lease system.
After the original lease term expires, the foundry's obligations are completed.