What does leasable mean?
Leasable is an adjective describing something that can be rented for a period of time, especially property, buildings, offices, or commercial premises. It is commonly used in property advertisements, leasing agreements, and real-estate descriptions. The word emphasizes not merely that a property is available but that it can legally and practically be leased under an agreement. In a sentence such as “The ground floor is leasable,” the term indicates that a prospective tenant could rent that part of the property. Although “rentable” can be a synonym, “leasable” is especially associated with formal property and commercial leasing contexts.
adjectiveAble to be leased or rented, especially as property or equipment.
- Able to be leased or rented.
"The office is available as a leasable space for a new business."
"The warehouse is leasable to businesses that need secure storage."
"The landlord marketed the leasable units on the upper floors."
Not everything available for rent is leasable: the property must be legally and practically capable of being leased.
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.
Where does leasable come from?
“Leasable” is formed from the English word “lease” with the suffix “-able,” meaning “capable of being.” “Lease” comes through Old French “laiser,” from a Latin root associated with releasing or letting, and developed in English to mean property granted for temporary use in return for rent or payment. The related words “lessee,” the person who leases, and “lessor,” the person who grants a lease, continue this legal and property-law tradition.
Related word forms
How leasable is actually used
Usually used with property, buildings, rooms, or commercial space; it is a formal or property-focused term.
Easily confused with leasable
Both forms mean capable of being leased, but “leasable” is the standard modern spelling, while “leaseable” is an uncommon variant.