renting (Noun) — The act of paying for the use of something (as an apartment, house or car).
renting (Verb) — Let for money. ex. "We rented our apartment to friends while we were abroad"
renting (Verb) — Grant use or occupation of under a term of contract. ex. "I am renting my country estate to some foreigners"
renting (Verb) — Engage for service under a term of contract. ex. "Let's rent a car"
renting (Verb) — Hold under a lease or rental agreement; of goods and services.