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Definitions of hire

the act or process of having temporary possession of a vehicle, machine, computer, or room etc after having paid the owner so that you can use it, usually only for a short time

We've arrange for the hire of a car during your stay.

(US) a person who is employed or hired (=employed, usually for a short time)

If New Hire remains continuously employed with Fantele, he will be entitled, on his second anniversary of employment with Fantele, to an additional retention bonus in the amount of $525,000.