<p><strong>Noun</strong></p><ul><li>a payment made periodically by a tenant to a landlord in return for the use of land, a building, an apartment, an office, or other property.</li><li>a payment or series of payments made by a lessee to an owner in return for the use of machinery, equipment, etc.</li><li>Economics: the excess of the produce or return yielded by a given piece of cultivated land over the cost of production; the yield from a piece of land or real estate.</li><li>profit or return derived from any differential advantage in production.</li><li>Obsolete: revenue or income.</li></ul><p><strong>Verb</strong></p><ul><li>(used with object): to grant the possession and enjoyment of (property, machinery, etc.) in return for the payment of rent from the tenant or lessee (often followed by out).</li><li>to take and hold (property, machinery, etc.) in return for the payment of rent to the landlord or owner.<ul><li>Synonyms: lease, let.</li></ul></li><li>(used without object): to be leased or let for rent: This apartment rents cheaply.</li><li>to lease or let property.</li><li>to take possession of and use property by paying rent: She rents from a friend.</li></ul>