'Lease and release' definitions:
Definition of 'Lease and release'
From: GCIDE
- Lease \Lease\ (l[=e]s), n. [Cf. OF. lais. See Lease, v. t.]
- 1. The temporary transfer of a possession to another person in return for a fee or other valuable consideration paid for the transfer; especially, A demise or letting of lands, tenements, or hereditaments to another for life, for a term of years, or at will, or for any less interest than that which the lessor has in the property, usually for a specified rent or compensation. [1913 Webster]
- 2. The contract for such letting. [1913 Webster]
- 3. Any tenure by grant or permission; the time for which such a tenure holds good; allotted time. [1913 Webster]
- Our high-placed Macbeth Shall live the lease of nature. --Shak. [1913 Webster]
- Lease and release a mode of conveyance of freehold estates, formerly common in England and in New York. its place is now supplied by a simple deed of grant. --Burrill. --Warren's Blackstone. [1913 Webster]
Definition of 'Lease and release'
From: GCIDE
- Release \Re*lease"\, n.
- 1. The act of letting loose or freeing, or the state of being let loose or freed; liberation or discharge from restraint of any kind, as from confinement or bondage. "Who boast'st release from hell." --Milton. [1913 Webster]
- 2. Relief from care, pain, or any burden. [1913 Webster]
- 3. Discharge from obligation or responsibility, as from debt, penalty, or claim of any kind; acquittance. [1913 Webster]
- 4. (Law) A giving up or relinquishment of some right or claim; a conveyance of a man's right in lands or tenements to another who has some estate in possession; a quitclaim. --Blackstone. [1913 Webster]
- 5. (Steam Engine) The act of opening the exhaust port to allow the steam to escape. [1913 Webster]
- 6. (Mach.) A device adapted to hold or release a device or mechanism as required; specif.: (Elec.) A catch on a motor-starting rheostat, which automatically releases the rheostat arm and so stops the motor in case of a break in the field circuit; also, the catch on an electromagnetic circuit breaker for a motor, which acts in case of an overload. [Webster 1913 Suppl.]
- 7. (Phon.) The act or manner of ending a sound. [Webster 1913 Suppl.]
- 8. (Railroads) In the block-signaling system, a printed card conveying information and instructions to be used at intermediate sidings without telegraphic stations. [Webster 1913 Suppl.]
- Lease and release. (Law) See under Lease.
- Out of release, without cessation. [Obs.] --Chaucer. [1913 Webster]
- Syn: Liberation; freedom; discharge. See Death. [1913 Webster]