Rental

/ˈrɛntəl/

Meaning & Definition

noun

The payment made for the temporary use of something, such as property or equipment.

We signed a lease agreement for a rental apartment in the city.

A business that provides items or properties for rent.

She works at a car rental company that offers vehicles for both short-term and long-term use.

The act of renting something.

The rental of chairs and tables for the event was arranged through a local supplier.

From the word 'rent' combined with the suffix '-al,' signifying the act of renting.

rental agreement

A contract between a landlord and tenant outlining the terms of renting property.

rental property

Real estate that is leased to tenants.

rental market

The market in which rental properties are bought and sold.

lease

A contractual agreement between a lessor and lessee for the rental of property.

tenant

A person who pays to use land or a building owned by another.

Renter's insurance

Make sure you get rental insurance to cover your belongings.

Airbnb

We're looking for a cheap rental on Airbnb for the weekend.