[1] : The Collaborative International Dictionary of English v.0.48

lease \lease\ l=es, v. t. imp.  p. p. leased; p. pr. 
   vb. n. leasing. f. laisser, of. laissier, lessier, to
   leave, transmit, l. laxare to loose, slacken, from laxus
   loose, wide. see lax, and cf. lesser.
   1. to grant to another by lease the possession of, as of
      lands, tenements, and hereditaments; to let; to demise;
      as, a landowner leases a farm to a tenant; -- sometimes
      with out.
      1913 webster

            there were some houses that were leased out for
            three lives.                          --addison.
      1913 webster

   2. to hold under a lease; to take lease of; as, a tenant
      leases his land from the owner.
      1913 webster
see also:
leased leasing lax lesser 

[2] : WordNet (r) 2.0

leased
     adj : hired for the exclusive temporary use of a group of
           travelers; "a chartered plane"; "the chartered buses
           arrived on time" syn: chartered, hired ant: unchartered
see also:
chartered hired unchartered 

Leased >> L Words
Leased, definition of term: Leased
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Leased Line >> L Words
Leased Line, definition of term: Leased Line
leased+line_pag1.html