lessee
IPA: ɫɛsˈi
noun
- 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.
verb
- Pronunciation spelling of let's see.
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Examples of "lessee" in Sentences
- Lessee how people feel about this.
- Accounting for leases by the lessee.
- The lessee does not own the property.
- Thus, he is not the owner, but the lessee.
- The flight uses the flight number of the lessee.
- The property is operated by the carrier as lessee.
- The lessee, on the other hand, had no such protection.
- It was held that the manufacturer was not answerable to the lessee.
- If the lessee goes bankrupt, the lessor is released from the lease.
- All of the foregoing property is operated by the carrier, as lessee.
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