rent

ot noun

1. A profit from possession of a valuable right, as a restricted license to engage in a trade or business. A New York city taxicab license earns more than $10,000 a year in rent.
2. A payment made by a tenant at intervals in order to occupy a property.
3. A similar payment for the use of equipment or a service.
4. An object for which rent is charged or paid.

fe’l verb

1. To occupy premises in exchange for rent. I rented a house from my friend's parents for a year.
2. To grant occupation in return for rent. We rented our house to our son's friend for a year.
3. To be leased or let for rent. The house rents for five hundred dollars a month.
4. To separate into parts with force or sudden violence; to split; to burst Lightning rends an oak.