1lease 
/ˈli:s/ noun
plural leas·es /ˈli:s/ noun [count] : a legal agreement that lets someone use a car, house, etc., for a period of time in return for payment
▪ sign a lease ▪ They took out a five-year lease on the house. ▪ We hold leases on both of our cars. ▪ The lease expires next month. = The lease runs out next month.
▪ sign a lease ▪ They took out a five-year lease on the house. ▪ We hold leases on both of our cars. ▪ The lease expires next month. = The lease runs out next month.
a new lease on life (US) or Brit a new lease of life
: a chance to continue living or to become successful or popular again
▪ This medicine gives patients a new lease on life. ▪ After they made the movie, the book got a new lease on life. [=the book became newly popular] ▪ The band has given this style of music a new lease on life.
▪ This medicine gives patients a new lease on life. ▪ After they made the movie, the book got a new lease on life. [=the book became newly popular] ▪ The band has given this style of music a new lease on life.
