Source : Webster's Revised Unabridged Dictionary (1913)

Rent \Rent\, v. t. [imp. & p. p. {Rented}; p. pr. & vb. n.
   {Renting}.] [F. renter. See {Rent}, n.]
   1. To grant the possession and enjoyment of, for a rent; to
      lease; as, the owwner of an estate or house rents it.

Source : WordNet®

renting
     n : the act of paying for the use of something (as an apartment
         or house or car) [syn: {rental}]