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Meaning of lessee

Source language: EnglishDictionary language: English

lessee

noun

Definitions

  1. 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.

  2. The entity to whom a lease is given, or who takes an estate by lease.

  3. Someone who is allowed to use a house, building, land etc. for a period of time in return for payment to the owner.