lessee


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Related to lessee: lessor

les·see

 (lĕ-sē′)
n.
One that holds a lease; a tenant.

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

lessee

(lɛˈsiː)
n
(Law) a person to whom a lease is granted; a tenant under a lease
[C15: via Anglo-French from Old French lessé, from lesser to lease1]
lesˈseeship n

les•see

(lɛˈsi)

n.
a person to whom a lease is granted.
[1485–95; < Anglo-French. See lease, -ee]
les•see′ship, n.

lessee

a person or entity to whom a lease is given; a person or entity that leases property as a tenant.
See also: Property and Ownership
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.lessee - a tenant who holds a lease
holder - a person who holds something; "they held two hostages"; "he holds the trophy"; "she holds a United States passport"
renter, tenant - someone who pays rent to use land or a building or a car that is owned by someone else; "the landlord can evict a tenant who doesn't pay the rent"
Translations
vuokralainen

lessee

[leˈsiː] N [of house] → inquilino/a m/f; [of land] → arrendatario/a m/f

lessee

[ˌlɛˈsiː] nlocataire m/f (à bail), preneur/euse m/f

lessee

nPächter(in) m(f); (of house, flat)Mieter(in) m(f); (of equipment)Leasingnehmer(in) m(f)

lessee

[lɛˈsiː] naffittuario/a, locatario/a
References in classic literature ?
It was beyond all argument superior to the telephones then in use and the lessees of Bell telephones clamored with one voice for "a transmitter as good as Edison's.
There's only a little bit of the vineyard that isn't abandoned-- just enough to make wine for the present Italian lessees, who are running a poverty-stricken milk ranch on the leavings of the soil.
The new law regulates commercial arrangement where the lessee (customer or borrower) will select an asset (equipment, vehicle, software); the lessor (finance company) will purchase that asset; the lessee will have use of that asset during the lease; the lessee will pay a series of rentals or instalments for the use of that asset; the lessor will recover a large part or all of the cost of the asset plus earn interest from the rentals paid by the lessee; the lessee has the option to acquire ownership of the asset (e.
A lessee making this election is required to apply the expedient to an entire class of leases based on the type of underlying asset.
If Lessee doesnt keep the required hours of operations, the Lease may be terminated.
Avison Young announced that it has been engaged to identify a long-term net lessee for 250 Church Street, also known as 101 Franklin Street, in TriBeCa.
In the future, agreements that result in the eventual transfer of ownership of an asset from the lessor to the lessee will be treated instead as the financed sale/purchase of an asset.
Tenant allowances are payments a lessor makes to a lessee to provide the tenant with funds to prepare the rented space for its intended business use.
All leases subject to the Property Lease Law must be in writing and must specify the lease period and the rent payable by the lessee.
If a lease meets any one of four criteria (see Exhibit 1 on page 20), it qualifies for capital lease treatment and the lessee is required to record and report the underlying assets and related lease obligations on its balance sheet.
It is also a system that is often plagued by misunderstandings, frequently because the lessee has not been given adequate information from their solicitor before buying.
Equipment leasing, to put it simply, is the means by which one party, the lessor, lays out a capital sum for the acquisition of an asset, and another person, the lessee, uses that asset and in return pays a fee including rent, to the lessor.