Renting

n. act of allowing someone to use property in return for regular payments; act of making regular payments for the use of someone else's property

v. let, allow someone to use property in return for regular payments; hire, make regular payments for the use of someone else's property

Renting is an agreement where a payment is made for the temporary use of a good or property owned by another person or company. The owner of the property may be referred to as the lessor and the party paying to use the property as the lessee or renter. There is typically an implied, explicit, or written rental agreement or contract involved to specify the terms of the rental. Examples include: Renting real estate for the purpose of Housing tenure (where the lessee rents a residence to live in), parking a vehicle(s), storage, business, agricultural, institutional, or government use, or other reasons. When renting real estate, the person(s) or party who lives in or occupies the real estate is often called a tenant, paying rent to the owner of the property, often called a landlord. The real estate rented may be all or part of almost any real estate, such as an apartment, house, building, business office(s) or suite, land, farm, or merely an inside or outside space to park a vehicle, or store things. The rental agreement for real estate is often called a lease.The renting of motion pictures on VHS or DVD, of audio CDs, of computer programs on CD-ROM.Renting transport equipment, such as an automobile, boat, or a bicycle.Renting somewhat specialized tools, such as a chainsaw, laptop or something more substantial, such as a forklift. Renting a beach chair and umbrella.
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Noun
1. the act of paying for the use of something (as an apartment or house or car)
(synonym) rental
(hypernym) transaction, dealing, dealings
(derivation) rent, lease
(classification) car, auto, automobile, machine, motorcar

Noun
1. a regular payment by a tenant to a landlord for use of some property
(hypernym) annuity in advance
(hyponym) ground rent
(derivation) hire, charter, lease
2. an opening made forcibly as by pulling apart; "there was a rip in his pants"; "she had snags in her stockings"
(synonym) rip, snag, split, tear
(hypernym) opening, gap
3. the return derived from cultivated land in excess of that derived from the poorest land cultivated under similar conditions
(synonym) economic rent
(hypernym) return, issue, proceeds, take, takings, yield, payoff
4. the act of rending or ripping or splitting something; "he gave the envelope a vigorous rip"
(synonym) rip, split
(hypernym) tear
Verb
1. let for money; "We rented our apartment to friends while we were abroad"
(synonym) lease
(hypernym) contract, undertake
2. grant use or occupation of under a term of contract; "I am leasing my country estate to some foreigners"
(synonym) lease, let
(hypernym) give
(hyponym) sublet, sublease
(see-also) hire out, rent out, farm out
3. 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?"
(synonym) lease, hire, charter, engage, take
(hypernym) get, acquire
4. hold under a lease or rental agreement; of goods and services
(synonym) hire, charter, lease
(hypernym) contract, undertake

(p. pr. & vb. n.)
of Rent
  

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