What is the meaning of renting?

noun

• The act of paying for the use of something (as an apartment or house or car.
  • synonyms: rental

verb

• Let for money.
  • usage: "We rented our apartment to friends while we were abroad"
  • synonyms: rent, lease
• Grant use or occupation of under a term of contract.
  • usage: "I am leasing my country estate to some foreigners"
  • synonyms: lease, let, rent
• Engage for service under a term of contract.
  • usage: "We took an apartment on a quiet street"; "Let's rent a car"; "Shall we take a guide in Rome"
  • synonyms: lease, rent, hire, charter, engage, take
• Hold under a lease or rental agreement; of goods and services.
  • synonyms: rent, hire, charter, lease