sub·lease

[n. suhb-lees; v. suhb-lees] noun, verb, sub·leased, sub·leas·ing.
noun
1.
a lease granted by one who is already a lessee of a property, as an apartment.
verb (used with object)
2.
to grant a sublease of.
3.
to take or hold a sublease of.

Origin:
1820–30; sub- + lease

sub·les·see [suhb-le-see] , noun
sub·les·sor [suhb-les-awr, suhb-le-sawr] , noun
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Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
sublease
 
n
1.  a lease of property made by a person who is himself a lessee or tenant of that property
 
vb
2.  to grant a sublease of (property); sublet
3.  (tr) to take, obtain, or hold by sublease
 
sublessee
 
n
 
sublessor
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Example sentences
The written sublease must provide that the public owner has the right to repurchase all of the lessee's rights in the lease.
It is likely that he will not renew the lease at the end of the two-year period, which coincides with the end of the sublease.
My landlord approved of the sublease of my apartment, and my subtenant moved in as planned.
The shareholder who owns my apartment has asked to meet with me to renew my sublease.
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