relet

[ ree-let ]

verb (used with object)

1. to rent or lease (land, buildings, rooms, space, etc.) again, or to renew a lease or rental agreement for:

   The judge ruled that the landlord was not entitled to any damages because he had successfully relet the apartment.

   Full payment is required if you cancel within seven days of your arrival date and we are unable to relet your room.

Word History and Origins

Origin of relet¹

re- ( def ) + let ¹( def )

Example Sentences

Some brokers and logistics professionals worry that once converted into production facilities, warehouses will be difficult to relet because they have become so specialized.

From Wall Street Journal

One vessel, the American Phoenix, was relet by Koch Shipping and Supply to Exxon for $120,000 a day in May, breaking a previous $100,000 record, although that figure is said to have included a foreign shipping component, shipping sources said.

From Reuters

Laurence Coaker, Brent's head of housing needs, said some private landlords were losing £200 or £300 a week, so they evicted tenants and refused to relet their accommodation to the council.

From BBC

With retailers struggling, landlords are facing the prospect of empty stores in shopping centres, but Land Securities said it had managed to relet six out of seven Comet outlets and five out of six HMV shops.

From The Guardian

Rates are so high that "the most profitable area right now for a Jones Act tanker owner is to relet it out and ship gasoline to Florida by barge," said Donald Bogden, director of research at Stamford, Connecticut-based shipbroker MJLF.

From Reuters