What does lessee mean?
Definitions for lessee
lɛˈsilessee
This dictionary definitions page includes all the possible meanings, example usage and translations of the word lessee.
Princeton's WordNet
leaseholder, lesseenoun
a tenant who holds a lease
Samuel Johnson's Dictionary
Lesseenoun
The person to whom a lease is given.
Wikipedia
lessee
A lease is a contractual arrangement calling for the user (referred to as the lessee) to pay the owner (referred to as the lessor) for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. Basically a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use.
ChatGPT
lessee
A lessee is an individual, company, or organization that has a legal contract (lease agreement) with the property owner (lessor), which gives them the right to use and occupy the property for a specified period of time in exchange for regular payments. This term is often used in real estate and commercial property contexts, but it can also apply to equipment leasing or any other assets that can be rented.
Webster Dictionary
Lesseeverb
the person to whom a lease is given, or who takes an estate by lease
Etymology: [F. laiss, p. p. of laisser. See Lease, v. t.]
Chambers 20th Century Dictionary
Lessee
les-sē′, n. one to whom a lease is granted.
Numerology
Chaldean Numerology
The numerical value of lessee in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of lessee in Pythagorean Numerology is: 2
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Translations for lessee
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"lessee." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/lessee>.
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