Definition of lessee
Etymology
Anglo-Norman lessié, past participle of lessier (“to permit, to let”).
Pronunciation
Noun
lessee (plural lessees)
- An individual or a corporation who has the right of use of something of value, gained through a lease agreement with the real owner of the property.
- The entity to whom a lease is given, or who takes an estate by lease.
- Someone who is allowed to use a house, building, land etc. for a period of time in return for payment to the owner.
References:
- Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.
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