Subleasing is a common practice in the real estate industry, whereby a tenant rents out all or part of their leased property to another party. The term SUBLEASED is used to describe this process, and can be broken down into three parts: RELET (5 letters), RIB (3 letters), and RERENTED (8 letters). RELET is the act of leasing out a property again, RIB is an acronym for rent-in-bulk, and RERENTED is the act of renting out a property again. Together, these three terms form the term SUBLEASED, which describes the process of subleasing a property.