#leased

• Leased — Regarding agricultural lands, estates, mills, or other economic assets: that has been leased out or taken on lease; rented based on a contract in exchange for a sum of money or a portion of the harvest. The term reflects the status of a real estate property in the temporary use of a third party.
• Leased — Having been leased or taken into temporary exploitation in exchange for a periodic payment called rent or lease; an immovable asset (especially agricultural lands, estates, ponds, or pastures) managed on the basis of a legal lease agreement. In a structural economic and legal sense, it describes the status of goods held under a derived use regime, where the ownership right remains with the lessor, while the right of usufruct and harvesting belongs to the lessee.
• Leased — Having been leased out or taken on lease; an immovable asset (especially arable land, a farm, or an estate) under a temporary exploitation regime based on a legal lease agreement. In an economic sense, it describes the status of a productive rural asset whose direct benefits and cultivation rights are ceded to a third party in exchange for a sum of money or a share of the crop.