letting

verb

1. (form-of, gerund, participle, present)present participle and gerund of let

noun

1. (UK)Synonym of tenancy.

   “House lettings are holding up despite fears that the buy-to-let boom could be running out of steam, according to specialist lender Paragon Mortgages.”

2. (US, dated)The award of a public contract

   “Another letting is announced to occur, probably on the 23rd of February, and at both of these lettings, contracts aggregating more than two million dollars are to be awarded.”