rental agreement
nounUK /ˈrɛntəl əˈɡriːmənt/
US /ˈrɛntəl əˈɡriːmənt/
A rental agreement is a paper that says how much you pay to use something for a while.
We signed a rental agreement before moving into the apartment.
OTHER MEANINGS
2. A written contract for renting a vehicle for a set period.
The car rental agreement required a valid driver's license.
3. A short-term contract for renting equipment or tools.
He signed a rental agreement for the power drill at the hardware store.
4. A document outlining terms for renting a vacation home.
The rental agreement stated that check-out was at 11 a.m.