renting

The word “renting” means the act of paying to use property or goods that belong to someone else. In plain terms, the general activity or practice of paying to use something you don't own.

“Renting” is pronounced REHN-tihng (/ˈɹɛntɪŋ/ in IPA).

Here is “renting” used in a sentence: “Renting is often cheaper short-term than buying.”

“Renting” is a noun.

“Renting” is an uncommon word in modern English.

Renting generally refers to paying to use property or goods on a short-term or rolling basis, often month to month, while leasing typically involves a fixed-term legal contract for a set period. In everyday speech the words overlap heavily, but 'lease' is more common for long, formal agreements.

In British English, 'hiring' is often used for renting goods for a short time, such as hiring a car or a suit, while 'renting' is used more often for longer-term arrangements like housing. In American English, 'renting' covers both cases, and 'hiring' is rarely used this way.

Renting means paying to use property or goods that belong to someone else without gaining ownership, while buying transfers ownership to the payer. Renting usually involves ongoing payments with no equity built up, whereas buying is typically a one-time purchase that results in owned property.