leasing

From Middle English lesing, leasung, from Old English lēasung (“leasing, lying, false witness, deceit, hypocrisy, artifice, lie, empty talk, frivolity, laxity”), from Proto-West Germanic *lausungu, from Proto-Germanic *lausungō, equivalent to lease (“to lie”) + -ing. Cognate with Scots lesing (“lying, falsehood”), German Lösung (“breaking away, release, liberation, solution”), Icelandic lausung (“lying, falsehood”).

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lease

1. An interest in land granting exclusive use or occupation of real estate for a limited period; a leasehold.
2. An interest granting exclusive use of any thing, such as a car or boat.
3. The contract or deed under which such an interest is granted.
4. The document containing such a contract or deed.
5. The period of such an interest.