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Legal Dictionary

lessee

Definition of lessee

Etymology

    Anglo-Norman lessié, past participle of lessier (“to permit, to let”).

Pronunciation

  • Rhymes: -iː

Noun

lessee (plural lessees)

  1. 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.
  2. The entity to whom a lease is given, or who takes an estate by lease.
  3. Someone who is allowed to use a house, building, land etc. for a period of time in return for payment to the owner.

References:

  1. Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.



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