lessor

a person who grants a lease: The lessor agreed to let me stay another month.

Not to be confused with:

lesser – smaller: She received a lesser amount.; inferior: a lesser evil

les·sor

(lĕs′ôr′, lĕ-sôr′)

One who leases property; a landlord.

[Middle English lessour, from Anglo-Norman, from lesser, to let out, lease; see lease.]

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

lessor

(ˈlɛsɔː; lɛˈsɔː)

(Law) a person who grants a lease of property

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

les•sor

(ˈlɛs ɔr, lɛˈsɔr)

n.

a person who grants a lease.

[1350–1400; Middle English lesso(u)r < Anglo-French. See lease, -or²]

lessor

a person or entity that grants a lease to another; a person or entity that leases property as a landlord.

lessor

[lɛˈsɔː^r ˈlɛsɔː^r] n → bailleur/eresse m/f

Collins English/French Electronic Resource. © HarperCollins Publishers 2005

lessor

n (form) → Verpächter(in) m(f); (of flat etc) → Vermieter(in) m(f); (of equipment) → Leasinggeber(in) m(f)

Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

lessor

[lɛˈsɔːʳ] n → locatore/trice

Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995

Mentioned in

References in periodicals archive

(125.) A lessor could also learn of an accident at the end of the lease term if the car itself is damaged.

Automobile leasing and the vicarious liability of lessors

It allows the lessor to claim ownership and the lessee to claim the rental payments as tax-deductible operating expenses.

Leasing: a viable financial-management option. (Finance)

* You pay for excessive wear and tear as defined by the lessor. Don't think a ding or a scratch is minor.

Is car leasing for you?

A business' best selection for a lessor should be one who can serve as a total systems solutions provider.

Today's equipment acquisitions demand a total business solution provider

Essentially, a lease is a financial and legal transaction whereby a fixed asset is owned by one party (the lessor) and used by another party (the lessee), who pays a fee for its use (rent).

Equipment leasing basics

The lender is known as lessor, whereas the borrower is known as lessee.

Leasing: - a convenient mode of financing

The provider's closer association with the lessor hospital may hinder its ability to develop working relationships with other referral sources in the community, especially those which compete directly with the lessor hospital.

Partnering with hospitals for subacute care

Leasing is shown to have lower expected bankruptcy costs to the lessor than borrowing has to the lender, resulting in lower financing costs for the lessee than the borrower, ceteris paribus.

Bankruptcy costs and the financial leasing decision

A lease is a form of agreement wherein, as defined by International Accounting Standard 17, a lessor conveys to the lessee, in return for a payment or series of payments, the right to use an asset for an agreed period of time.

Impact of new leases standards

Finance leases are defined in the Law as "a relationship between lessor and lessee, whereby the lessor shall own the leased asset for the purpose of leasing it.

A Law to Regulate Finance Leases in the UAE

According to Rule 70, Section 2 of the Rules of Court, the lessor can only proceed with a summary action for ejectment upon making a sufficient demand from the lessee:

An unacceptable unilateral decision