lessor


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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′)
n.
One who leases property; a landlord.

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

lessor

(ˈlɛsɔː; lɛˈsɔː)
n
(Law) a person who grants a lease of property

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.
See also: Property and Ownership
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.lessor - someone who grants a lease
owner, proprietor - (law) someone who owns (is legal possessor of) a business; "he is the owner of a chain of restaurants"
Translations

lessor

[lɛˈsɔːr ˈlɛsɔːr] nbailleur/eresse m/f

lessor

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

lessor

[lɛˈsɔːʳ] nlocatore/trice
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.
Now, the lessor can (and should) have its own business auto policy to properly protect its interests; but, there are some endorsements that can be attached to the lessee's BAP and the lessor's BAP that address the legitimate concerns of the lessor.
It allows the lessor to claim ownership and the lessee to claim the rental payments as tax-deductible operating expenses.
* You pay for excessive wear and tear as defined by the lessor. Don't think a ding or a scratch is minor.
A business' best selection for a lessor should be one who can serve as a total systems solutions 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).
The lender is known as lessor, whereas the borrower is known as lessee.
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.
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.
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.
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.
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: