What is the difference between lease and rent and hire ?Feel free to just provide example sentences.

Here is what I think the difference is:

You hire a person: I hired a maid. We hired a new engineer.

You rent something when you pay to use it for a fixed (usually short) period and then give it back: I rented a bicycle at the park. I rented a car on my vacation.

You lease something that you do not have a plan to give back in the near future: I leased a Honda and I love driving it to work. I leased an apartment across the river. Our company leased the equipment instead of buying it.

(Americans usually say "I rented an apartment" instead of "leased," although they still refer to the agreement they sign to rent an apartment as "a lease.")