lend-lease

English - Turkish

Definition of lend-lease in English Turkish dictionary

Related Terms

lease lend

(Kanun) kiralama

lend and lease

borç ve kira

lease and lend law

(Ticaret) ödünç verme kanunu

English - English

Definition of lend-lease in English English dictionary

System promulgated by Pres. Franklin Roosevelt to give aid to U.S. allies in World War II. Faced with Britain's inability to pay cash for war materials and food, as required by U.S. law, Roosevelt asked Congress to allow repayment "in kind or property" from countries vital to U.S. defense. The Lend-Lease Act was passed in March 1941, despite arguments that it led the U.S. closer to war. Much of the $49 billion in aid went to British Commonwealth countries; the Soviet Union, China, and 40 other countries also received assistance. U.S. troops stationed abroad received about $8 billion in aid from the Allies

the transfer of goods and services to an ally to aid in a common cause; "lend-lease during World War II was extremely generous

Etymology

[ 'lend-'lEs ] (noun.) 1941. U.S. Lend-Lease Act.