Difference between contract and lease
Definitions
verb
- become smaller or draw together
- enter into a contractual arrangement
- make smaller
- squeeze or press together
- compress or concentrate
noun
- (contract bridge) the highest bid becomes the contract setting the number of tricks that the bidder must make
- a variety of bridge in which the bidder receives points toward game only for the number of tricks he bid
- a binding agreement between two or more persons that is enforceable by law
Examples
Someone who really wanted to stop unsanctioned immigration would begin here, by busting the small contractors who employ these workers on a contingent basis.
This proposed procurement is a continuation of an existing contractual agreement for the developed prototype NASA Student Ambassadors Virtual Community (NSAVC) web site. ...
In July, the project came to a standstill for nine days when workers stopped to oppose the use of non-union contract labour on the site.
Definitions
verb
- engage for service under a term of contract
- hold under a lease or rental agreement; of goods and services
- grant use or occupation of under a term of contract
- let for money
noun
- a contract granting use or occupation of property during a specified time for a specified payment
- property that is leased or rented out or let
- the period of time during which a contract conveying property to a person is in effect
Examples
The defendant was released on bail until his trial next year.
Anybody who has ever been on a North Queensland pastoral lease knows that you can go 20, 30, 40 miles day after day and all you will see is a few brumbies and some wild pigs; you will not see any cattle anywhere.
There are only a couple of days left in Graeme's Fantasy Book Review's Giveaway for one of three copies of Orson Scott Card's new release, Hidden Empire.
