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
- I'd probably have been outraged about this issue around ... lessee ... 13 years ago?
- "In addition to that the federal tax credit can be used by a lessee, which is sometimes overlooked.
- The lessee is The Quercus Trust of California, an investment firm specializing in green technology firms, including Electro Energy, the site's previous tenant.
- Cllr Wiltshire said: 'We are sympathetic to the concerns of our leaseholders but the council does spell out the detail of the financial obligations imposed upon a lessee in the terms of each right-to-buy lease.'
- Whereas the lessee is a professor at the said University holding his appointment as such under the lessor, and it is desirable in view of his employment that he should be enabled to provide himself a place of residence at the said University:
- Whereas the lessee is a professor at the said University, holding his appointment as such under the lessor, and it is desirable in view of his employment that he should be enabled to provide himself a place of residence at the said University,
- In the agreement detailing a rental or lease, the owner, or lessor, has the option of turning the lessee, or renter, out for various reasons stated in the agreement, and re-asserting his possession over the land, building or whatever that is being rented.
- PS - Garrett, according to the website, the Stade Saputo was built on land conveyed by "Bail Emphyteotique," an "Emphyteutic lease" for 40 years - it is unclear what if anything was paid for the lease, a type that seems to require the lessee to improve the site, which then reverts, with improvement, to the lessor after the term expires (here, after 40 years.)
- When you finally "pull it," a catchy new demolition termcoined by Larry Silverstein, the long-term lessee of the World Trade Center, andthe FDNY to mean "blow up some guy'smodern, almost fully-occupied 15 year-old hi-riseso that he can confess publicly to it later andstill collect $861 million in insurance from a dozen different companies to pay off his creditors and rebuild while receiving no income from it for years" the targeted building falls asymmetrically and leaves 12 stories onthe northside standing, which, by sheer coincidence in this case, is the side that wasn't hit by the falling debris you carefully aimed at it almostseven hours previously.
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