Underlease

[ʌndә'li:s]

Definition

(n.) A lease granted by a tenant or lessee; especially, a lease granted by one who is himself a lessee for years, for any fewer or less number of years than he himself holds; a sublease.

Checker: Roland

Definition

n. a lease granted by a lessee for a shorter period than that covered by his own lease.

Inputed by Agnes