Definition and Citations:
A term applied colloquially, but without much precision, to a lease for a short term, (as a month or a year,) as distinguished from one running for a long period.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
A term applied colloquially, but without much precision, to a lease for a short term, (as a month or a year,) as distinguished from one running for a long period.