- lessee
- les|see [ le`si ] noun count LEGALsomeone who pays rent to use land or property and has signed a LEASE (=a legal agreement) with the owner. The owner is called the lessor.
Usage of the words and phrases in modern English. 2013.
lessee
Look at other dictionaries:
lessee — les·see /le sē/ n: a person who has possession of real or personal property under a lease; specif: a tenant of real property under a lease Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. lessee … Law dictionary
lessee — lessee, lessor The lessee is the person who holds a property by lease, and the lessor is the person who lets a property by lease … Modern English usage
Lessee — Les*see (l[e^]s*s[=e] ), n. [F. laiss[ e], p. p. of laisser. See {Lease}, v. t.] (Law) The person to whom a lease is given, or who takes an estate by lease. Blackstone. [1913 Webster] … The Collaborative International Dictionary of English
lessee — one to whom a lease is given, late 15c., from Anglo Fr. lesee, O.Fr. lessé, pp. of lesser (Mod.Fr. laisser) to let, leave (see LEASE (Cf. lease)) … Etymology dictionary
lessee — ► NOUN ▪ a person who holds the lease of a property. ORIGIN Old French lesse, from lesser to let, leave … English terms dictionary
lessee — [les ē′] n. [ME < Anglo Fr < OFr lessé, pp. of lesser < OFr laissier: see LEASE & EE1] a person to whom property is leased; tenant … English World dictionary
Lessee — The person who rents land or property from a lessor. The lessee is also known as the tenant , and must uphold specific obligations as defined in the lease agreement and by law. The lease is a legally binding document, and if the lessee violates… … Investment dictionary
lessee — a person who enters into a lease contract as the user of the land, buildings, plant or equipment. Glossary of Business Terms An entity that leases an asset from another entity. Bloomberg Financial Dictionary * * * lessee les‧see [leˈsiː] noun… … Financial and business terms
Lessee — An entity that leases an asset from another entity. The New York Times Financial Glossary * * * lessee les‧see [leˈsiː] noun [countable] LAW someone who is legally allowed to use a house, building, land etc for a fixed period of time in return… … Financial and business terms
lessee — The party to a lease known as the tenant. The bailee under a lease of personalty. There is authority to the effect that the presence or absence of possession of the premises is a distinguishing factor between the relationship of landlord and… … Ballentine's law dictionary
Lessee — An independent marketer who leases the station and land and has use of tanks, pumps, signs, etc. A lessee dealer typically has a supply agreement with a refiner or distributor and purchases products at dealer tank wagon prices. The term lessee… … Energy terms
