The phrase "yr lease" means that someone is renting or using something, like a house or a car, for a period of one year.
Sentences with «yr lease»
I mean we've given ownership of one of our largest ports to the Chinese on a 99 yr lease FFS, and the only reason they don't own a majority of our Telco is the media got wind of it and ran the story and the politician who originally signed off on it realized that it's not a very smart career move that close to an election (politics.stackexchange.com)
I originally leased the truck when purchased new under the Toyota 3 yr lease program and now that its up we decided to buy it outright, our amazement was the calculated value of the truck compared to what we paid for it 3 yrs. (edmunds.com)
However, I had a 6 yr lease prior to this loan that was paid off successfully, no lates. (videocreditscore.com)