License vs. Lease

Licensenoun

A legal document giving official permission to do something; a permit.

Leaseverb

to gather.

Licensenoun

The legal terms under which a person is allowed to use a product, especially software.

Leaseverb

to pick, select, pick out; to pick up.

Licensenoun

Freedom to deviate deliberately from normally applicable rules or practices (especially in behaviour or speech).

Leaseverb

to glean.

Licensenoun

Excessive freedom; lack of due restraint.

Leaseverb

to glean, gather up leavings.

Licenseverb

The act of giving a formal (usually written) authorization.

‘It was decided to license Wikipedia under the GFDL.’;

Leaseverb

To tell lies; tell lies about; slander; calumniate.

Licenseverb

Authorize officially.

‘I am licensed to practice law in this state.’;

Leaseverb

To release; let go; unloose.

Licensenoun

Authority or liberty given to do or forbear any act; especially, a formal permission from the proper authorities to perform certain acts or to carry on a certain business, which without such permission would be illegal; a grant of permission; as, a license to preach, to practice medicine, to sell gunpowder or intoxicating liquors.

‘To have a license and a leave at London to dwell.’;

Leaseverb

(transitive) To operate or live in some property or land through purchasing a long-term contract (or leasehold) from the owner (or freeholder).

Licensenoun

The document granting such permission.

Leaseverb

(transitive) To take or hold by lease.

Licensenoun

Excess of liberty; freedom abused, or used in contempt of law or decorum; disregard of law or propriety.

‘License they mean when they cry liberty.’;

Leaseverb

(intransitive) To grant a lease; to let or rent.

Licensenoun

That deviation from strict fact, form, or rule, in which an artist or writer indulges, assuming that it will be permitted for the sake of the advantage or effect gained; as, poetic license; grammatical license, etc.

Leasenoun

an open pasture or common

Licenseverb

To permit or authorize by license; to give license to; as, to license a man to preach.

Leasenoun

A contract granting use or occupation of property during a specified period in exchange for a specified rent

Licensenoun

a legal document giving official permission to do something

Leasenoun

The period of such a contract

Licensenoun

freedom to deviate deliberately from normally applicable rules or practices (especially in behavior or speech)

Leasenoun

A leasehold

Licensenoun

excessive freedom; lack of due restraint;

‘when liberty becomes license dictatorship is near’; ‘the intolerable license with which the newspapers break...the rules of decorum’;

Leasenoun

The place at which the warp-threads cross on a loom.

Licensenoun

the act of giving a formal (usually written) authorization

Leaseverb

To gather what harvesters have left behind; to glean.

Licenseverb

authorize officially;

‘I am licensed to practice law in this state’;

Leaseverb

To grant to another by lease the possession of, as of lands, tenements, and hereditaments; to let; to demise; as, a landowner leases a farm to a tenant; - sometimes with out.

‘There were some [houses] that were leased out for three lives.’;

License

A license (American English) or licence (British English) is an official permission or permit to do, use, or own something (as well as the document of that permission or permit).A license is granted by a party to another party as an element of an agreement between those parties. In the case of a license issued by a government, the license is obtained by applying for it.

Leaseverb

To hold under a lease; to take lease of; as, a tenant leases his land from the owner.

Leasenoun

The temporary transfer of a possession to another person in return for a fee or other valuable consideration paid for the transfer;

Leasenoun

The contract for such letting.

Leasenoun

Any tenure by grant or permission; the time for which such a tenure holds good; allotted time.

‘Our high-placed MacbethShall live the lease of nature.’;

Leasenoun

property that is leased or rented out or let

Leasenoun

a contract granting use or occupation of property during a specified time for a specified payment

Leasenoun

the period of time during which a contract conveying property to a person is in effect

Leaseverb

let for money;

‘We rented our apartment to friends while we were abroad’;

Leaseverb

hold under a lease or rental agreement; of goods and services

Leaseverb

grant use or occupation of under a term of contract;

‘I am leasing my country estate to some foreigners’;

Leaseverb

engage for service under a term of contract;

‘We took an apartment on a quiet street’; ‘Let's rent a car’; ‘Shall we take a guide in Rome?’;

Leasenoun

a contract by which one party conveys land, property, services, etc. to another for a specified time, usually in return for a periodic payment

‘a six-month lease on a shop’;

Leaseverb

grant (property) on lease; let

‘she leased the site to a local company’;

Leaseverb

take (property) on lease; rent

‘land was leased from the Duchy of Cornwall’;

Lease

A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset. Property, buildings and vehicles are common assets that are leased.