Definition

Noun The act of paying money to use something (such as property, a vehicle, or equipment) that belongs to someone else for a specific period.

Usage

"Renting" refers to the action or process of obtaining temporary possession and use of an asset in exchange for periodic payments. It is a common arrangement for housing, vehicles, and various goods.

Examples

• Noun:
  • The renting of the apartment included all utilities.
  • Car renting is convenient for tourists.
  • They considered renting to be more flexible than buying a house.

Advanced Usage

• "the renting of": A formal construction to specify the item being rented.
  • The contract covers the renting of industrial equipment.

Variants and Related Words

• Rent (verb/noun): To pay for temporary use; the payment made.
  • We decided to rent a car. The monthly rent is due.
• Rental (noun/adjective): An agreement for renting; something available for rent.
  • We signed a rental agreement. It's a rental property.
• Renter (noun): A person who rents.
  • The renter is responsible for minor repairs.

Synonyms

• Leasing
• Hiring (primarily British English for vehicles and equipment)

Related Phrases

• Renting out: The act of allowing someone to use your property for payment (the action of the owner).
  • She is renting out her cottage for the summer.

Noun

1. the act of paying for the use of something (as an apartment or house or car)