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

  1. leaseholder, lesseenoun

    a tenant who holds a lease

Samuel Johnson's Dictionary

  1. Lesseenoun

    The person to whom a lease is given.

Wikipedia

  1. 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

  1. 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

  1. Lesseeverb

    the person to whom a lease is given, or who takes an estate by lease

  2. Etymology: [F. laiss, p. p. of laisser. See Lease, v. t.]

Chambers 20th Century Dictionary

  1. Lessee

    les-sē′, n. one to whom a lease is granted.

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Numerology

  1. Chaldean Numerology

    The numerical value of lessee in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of lessee in Pythagorean Numerology is: 2

Popularity rank by frequency of use

lessee#10000#22367#100000

Translations for lessee

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"lessee." Definitions.net. STANDS4 LLC, 2024. Web. 27 May 2024. <https://www.definitions.net/definition/lessee>.

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