Meaning & Definition of word "Rental"

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    Rental

    /ˈrɛntəl/

    noun:

    • 1. The payment made for the temporary use of something, such as property or equipment.
      • Example: We signed a lease agreement for a rental apartment in the city.
    • 2. A business that provides items or properties for rent.
      • Example: She works at a car rental company that offers vehicles for both short-term and long-term use.
    • 3. The act of renting something.
      • Example: The rental of chairs and tables for the event was arranged through a local supplier.

    Etymology

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

    Common Phrases and Expressions

    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.

    Related Words

    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.

    Slang Meanings of rental

    Meaning: Renter's insurance

    Example Sentence: Make sure you get rental insurance to cover your belongings.

    Meaning: Airbnb

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