lease

(redirected from leasable)
Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia.

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

a new lease on life

An occasion or opportunity for a renewed enjoyment in, enthusiasm for, or appreciation of one's life. After finding out that the tests came back negative, I feel as though I've been given a new lease on life! Mary's gotten a new lease on life ever since her daughter was born.
See also: lease, life, new, on

give a new lease of life

1. To give one occasion or opportunity for a renewed enjoyment in, enthusiasm for, or appreciation of one's life. A noun or pronoun can be used between "give" and "a." After finding out that the tests came back negative for cancer, I feel as though I've been given a new lease of life!
2. To improve or refurbish something that is worn or old. A noun or pronoun can be used between "give" and "a." That new engine has really given my car a new lease of life.
See also: give, lease, life, new, of

lease (something) from (someone or something)

To rent a property from some person, group, or company. We're actually leasing the space directly from the government, who gave us a great discount on our monthly payments. I'm leasing the office from my father-in-law while I get my business set up.
See also: lease

lease (something) to (someone or something)

To rent a property to some person, group, or company. We actually lease the land to the oil companies while the dig for oil, and we get a percentage of the profit should they find anything. I'm leasing the office to my son-in-law while he gets his business set up.
See also: lease

lease back

1. To rent a property from the person or company to whom one sold it. The only way we could avoid losing our home was to sell it to the bank and then lease it back again.
2. To rent a property to the person or company from whom one bought it. The government is offering to buy up properties from people with vastly inflated mortgages and lease them back to them for much lower monthly amounts.
See also: back, lease

lease up

1. To grant the use or occupation of an entire building or premises under the terms of a lease. In this usage, a noun or pronoun can be used between "lease" and "up." An investment group bought the entire property, kicked out the previous tenants, and leased it up at much higher rates to foreign businesses. They managed to lease up the house after it had been on the market for less than a month.
2. To be granted use or occupation under the terms of a lease. How long do you think it will take for the house to lease up in the current market conditions?
See also: lease, up

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
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.

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
McGraw-Hill Dictionary of American Idioms and Phrasal Verbs. © 2002 by The McGraw-Hill Companies, Inc.

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
The American Heritage® Dictionary of Idioms by Christine Ammer. Copyright © 2003, 1997 by The Christine Ammer 1992 Trust. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

a new lease of life

BRITISH, AMERICAN or

a new lease on life

BRITISH
COMMON If someone or something is given a new lease of life or a new lease on life, something makes them successful once again or improves their condition. The old oak table was another bargain, picked up for just £4 and given a new lease of life by Kim's mother. After a career as a comedian, he found a new lease of life as an actor. Swimming gave me a new lease on life — I found I had much more energy to do stuff. Note: Words such as another, fresh, or second are sometimes used instead of new. T-shirts and hats can be given a fresh lease of life with glass beads. Note: A lease is a contract by which you can rent property for a fixed period of time.
See also: lease, life, new, of
Collins COBUILD Idioms Dictionary, 3rd ed. © HarperCollins Publishers 2012

a new lease of (or on) life

a substantially improved prospect of life or use after rejuvenation or repair.
1997 BBC Vegetarian Good Food Give salads, sandwiches and jacket spuds a new lease of life with a spoonful of flavoured mayonnaise.
See also: lease, life, new, of
Farlex Partner Idioms Dictionary © Farlex 2017

a (ˌnew) lease of ˈlife

(British English) (American English a (ˌnew) lease on ˈlife) a chance for somebody/something to live/last longer; a chance to get more enjoyment and satisfaction out of life: The successful heart operation gave him a new lease of life.The outside of the city hall has just been thoroughly cleaned and it’s given the old place a new lease on life.
See also: lease, life, of
Farlex Partner Idioms Dictionary © Farlex 2017

lease up

v.
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
The American Heritage® Dictionary of Phrasal Verbs. Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

a new lease on life

An opportunity to improve one's circumstances or outlook.
See also: lease, life, new, on
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

new lease on life, a

Renewed health and vigor; a fresh start, or opportunity for improvement. This seemingly very modern expression alluding to a new rental agreement dates from the early nineteenth century. Sir Walter Scott used it in a letter of 1809 concerning an invalid friend who appeared to be improving: “My friend has since taken out a new lease of life and . . . may . . . live as long as I shall.” By the mid-nineteenth century it had been transferred to any kind of fresh start.
See also: lease, new, on
The Dictionary of Clichés by Christine Ammer Copyright © 2013 by Christine Ammer
See also:
References in periodicals archive ?
"Our leasable spaces are mostly retail malls which limits our POGO exposure to about two percent of the company's overall leasing portfolio.
The firm aims to achieve a total leasable portfolio of 1.2 million sqm by 2020 comprised of 700,000 sqm from 100 community malls under the brand CityMalls; 300,000 sqm from its Metro Manila office projects; 100,000 sqm from the planned 5,000 hotel rooms of Hotel101 and Jinjiang Inn Philippines; and another 100,000 sqm of industrial space from various CentralHub sites across Luzon, Visayas and Mindanao.
These will give an additional 9,000 square meters of gross leasable spaces in our commercial retail portfolio.
Approximately 1.4mn ft[sup.2] of gross leasable area, the mall will be anchored by a 140,000 ft[sup.2] hypermarket, an interactive and educational family entertainment centre, cinemaplex, two food courts and an array of over 300 fashion, convenience, family and leisure destination stores and over 7,000 covered car parks.
Partners REIT currently owns 38 retail properties, well-located in British Columbia, Alberta, Manitoba, Ontario and Quebec, aggregating approximately 2.7m square feet of leasable space.
According to the municipality, the number of tenancy contracts registered in the Tenancy Contracts Registration System, known as Tawtheeq, amounted to 57,666 contracts by the end of August, thus accounting for a market share of 21 per cent of the total 28,000 leasable units registered in the system.
of Chicago for $110.4 million, or $82 per square foot of gross leasable area.
This Davao site, which will create 40,392 square meters of leasable industrial warehouse space by 2020, also marks the debut of DoubleDragon's industrial leasing subsidiary CentralHub Industrial Centers Inc.
The development will have a shopping mall that will feature a department store and supermarket with one movie theater and with leasable spaces; a convention center; a government center with business-process outsourcing (BPO) center; a transport terminal; and a hotel.
A total of 15.3 hectares of prime industrial land has been acquired by CentralHub to date with a total capacity of 81,219 square meters of industrial warehouse leasable space.
The Newnan Distribution Center, located in Atlanta, comprises approximately 1.9 m square feet of gross leasable area and will be acquired for an aggregate purchase price of approximately USD 53m (before closing costs), representing a going-in capitalisation rate of approximately 5.5%, and a stabilised capitalisation rate of approximately 7.25%.
The first-phase of the project will be 14 stories high with a total leasable area of about 23,300 square metres and two levels of underground parking.
Summary: This new shopping complex is expected to have a gross leasable area bigger than Dubai Mall
The combined Gross Leasable Area is approximately 842,000 s/f of which 67% is occupied.