- prelease pre‧lease [ˌpriːˈliːs] verb [transitive]PROPERTY to obtain agreements in advance from companies to rent part of a building:
• Most of its properties were in prime locations; many were preleased.
Financial and business terms. 2012.
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prelease — /pree lees /, v., preleased, preleasing, n. v.t. 1. to sign or grant a lease on (a building, apartment, etc.) in advance of construction: Agents have preleased more than 60 percent of the new building. n. 2. a lease on a building, apartment, etc … Universalium
prelease — 1. verb To arrange a lease for in advance. 2. noun A lease arranged in advance … Wiktionary
prelease — /pree lees /, v., preleased, preleasing, n. v.t. 1. to sign or grant a lease on (a building, apartment, etc.) in advance of construction: Agents have preleased more than 60 percent of the new building. n. 2. a lease on a building, apartment, etc … Useful english dictionary
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