The Collaborative International Dictionary of English v.0.48:

Demise \De*mise"\, v. t. [imp. & p. p. Demised; p. pr. & vb.
   n. Demising.]
   1. To transfer or transmit by succession or inheritance; to
      grant or bestow by will; to bequeath. "Power to demise my
      lands." --Swift.
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            What honor
            Canst thou demise to any child of mine? --Shak.
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   2. To convey; to give. [R.]
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            His soul is at his conception demised to him.
                                                  --Hammond.
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   3. (Law) To convey, as an estate, by lease; to lease.
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