Meaning

adjective being ten more than forty

originc. 1200, contracted from Middle English les te (“less that”), from Old English þȳ lǣs þe (“whereby less that”), from þȳ (instrumental case of demonstrative article þæt (“that”)) + lǣs (“less”) + þe (“that,” relative particle). The þȳ was dropped and the remaining two words contracted into leste.

Etymology from Wiktionary, CC BY-SA 3.0