Borrow - lend -rent-hire- lease-let

borrow

If you borrow something (from somebody), you take it for a period of time, then you give it back. He borrowed £50 from me last year, and still hasn't paid a penny of it back. Can I borrow your bike 

lend

If you lend/(US also) loan something to somebody, or lend/loan somebody something, you give them something for a period of time, then they give it back. I can't remember who I lent/loaned those books to. Dad lent/loaned me the car for the weekend.  

loan verb = lend something valuable, or in an official way.The artist's family has loaned several famous paintings to the local museum.

loan noun = money you borrow, usually from a bank. How much interest are you paying on your loan

If you borrow money to buy a house, this loan is called a mortgage 

lease

If you lease something, you make an agreement to rent out property or equipment for a particular period of time. For example, a photocopier, a building, land or a car. We leased our photocopiers from Modern Office Supplies. They have leased a printer to us for five years.

A lease is a legal agreement, which gives details of how much rent you must pay for a particular period of time. When does the lease on your studio run out  

let
If you let property, somebody pays you in order to use it over a long period.
For example, let a house or flat. They went abroad and let their house to a Japanese family.

There's a section in the paper with flats to let.

rent

If you pay someone to allow you to use something, you rent (v) it. For example, a room, a house/flat/apartment, a bike/boat/car/van, a TV/computer/video, a film/movie. I rented a flat above a shop for a while. How much is it to rent a TV Let's rent a movie tonight.

Your rent (n) is the amount of money you must pay each week or month to live somewhere. Rents in Paris are extremely high.

If you rent out something that you own, you allow someone to pay you money so that they can use it. They rent out a couple of rooms in their apartment. She rents out boats to tourists during the summer season.

hire

If you hire (UK) something, you pay money to use it for a short period of time. For example, you can hire a bike, a car or a suit. You should hire a car while you're in France.  

They've hired suits for the wedding. Have you got any boats for hire

Hire purchase (HP) (UK) means you take something home from a shop and pay for it in small payments over a period of time.

You can also hire (employ) someone to do a job (esp. US). I've hired a gardener to help out in the summer. I can't believe the cost of hiring a lawyer. They hired a private detective to find out who was stealing from the company.

If you hire out something, you allow someone to use something after they have paid you money. Several places now hire out bikes to tourists during the summer season.

If you hire out someone, you arrange for someone to work for someone else. She knew of a detective agency that also hired out security guards. He decided to go freelance and hire himself out as a computer programmer

charter

If you charter a plane, boat, yacht, train or coach, you hire it for private use. They chartered a yacht to take them round the Mediterranean

A charter flight is a special holiday flight arranged by a travel agency, and usually bought together with hotel accommodation