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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

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

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

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

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
References in periodicals archive ?
The rules highlighted here should help you to understand the potential value of leasing to your business.
Dick and Edie Alman have taken the leasing concept one step further on their 350-acre tree farm in eastern Iowa.
For more information on leasing, read "The Lowdown on Leasing" at www.
A new vehicle sooner: With shorter-term leasing, customers can move into a new vehicle sooner than if they used conventional financing.
You'll also want the lease to stipulate that your company has the right to "quietly enjoy" uninterrupted use of the equipment as long as you continue to pay the leasing fees and comply with the lease terms.
Businesses interested in analyzing vehicle leasing programs should call Leasing Research International at 800-333-5548.
Securitising equipment finance contracts, IFRS and the leasing industry, the growth of vendor finance across Europe, the challenges of multinational vehicle leasing .
Alan Gott is the Levin leasing representative for St.
In writing "The Advantages of Leasing Manual," Len Robins, CEO of LRI, who has been successfully involved in auto leasing for 20 years, set out to provide all the essential information a lessee needs to determine whether to lease or buy a family car, delivery van, or even a small fleet.
SAN FRANCISCO -- Captara Corporation, the only comprehensive, web-based enterprise lease management solution provider, has added in-depth real estate lease management to its enterprise leasing offering.
There are certain key items, in addition to rent, that a tenant and its advisors should consider as they begin the leasing process.
As a part of the expanded program, Apple USA has selected GE Capital Computer Leasing to market and administer the Apple Corporate Lease targeting large business customers.
companies leasing space represent industries including financial services, consulting and logistics services.