Cryptic crossword clue
New leases backing public transportation permits 7

The most common and most likely answer to this crossword clue is the 7 letter word SUBLETS

S
U
B
L
E
T
S

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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does SUBLETS mean?

SUBLETS noun
  1. Property leased by one lessee to another.
SUBLETS verb
  1. To lease or rent all or part of (a property) (to another person).

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