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sublease
[ noun suhb-lees; verb suhb-lees ]
verb (used with object)
- to grant a sublease of.
- to take or hold a sublease of.
sublease
/ ˌsʌblɛˈsiː; ˌsʌblɛˈsɔː /
noun
- a lease of property made by a person who is himself a lessee or tenant of that property
verb
- to grant a sublease of (property); sublet
- tr to take, obtain, or hold by sublease
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Derived Forms
- sublessor, noun
- sublessee, noun
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Other Words From
- sub·les·see [suhb-le-, see], noun
- sub·les·sor [suhb-, les, -awr, suhb-le-, sawr], noun
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Example Sentences
Rechnitz signed each sublease agreement twice, records show, once on behalf of the company that leased the facilities and once on behalf of the nursing home.
A transfer by the lessee of the whole or a part of his interest for a part of the time is a sublease and not an assignment.
Probably he refused written consent to the sublease for the same reason.
A transfer of only a portion of a tenant's interest is a sublease.
The sale of the stock and the fine for the sublease will pay the debts of the corporation.
If A leases the farm to C for five years, the transaction is a sublease.
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