A retail department that is leased to, and operated by, a separate company. Also known as a franchised department.
A part of a department store that is actually leased out to another company and operated as an independent store within the department store; common with cosmetics companies.
A section of a department store not operated by the store itself but an independent outside organization on a contract or percentage of sales arrangement.
"Store within a store". Common examples are footwear, cosmetics or jewelry departments within a department store, which pay rent to the main store.
A department in a retail store -- usually a department, discount, or specialty store -- that is rented to an outside party.
A small externally owned department that leases space within a department store.
A leased department is a department or concession that operates within an establishment but is not owned by that "host" establishment. It may be owned by another company, or by a subsidiary or parent of the host establishment. Typically, the operator of a leased department leases space from the host establishment, sells its products or services in that space, and receives some support services (like advertising or customer billing) from the host establishment.