Lessee \Les*see"\ (l[e^]s*s[=e]"), n. [F. laiss['e], p. p. of laisser. See {Lease}, v. t.] (Law) The person to whom a lease is given, or who takes an estate by lease. --Blackstone. [1913 Webster]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • lessee — les·see /le sē/ n: a person who has possession of real or personal property under a lease; specif: a tenant of real property under a lease Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. lessee …   Law dictionary

  • lessee — lessee, lessor The lessee is the person who holds a property by lease, and the lessor is the person who lets a property by lease …   Modern English usage

  • lessee — one to whom a lease is given, late 15c., from Anglo Fr. lesee, O.Fr. lessé, pp. of lesser (Mod.Fr. laisser) to let, leave (see LEASE (Cf. lease)) …   Etymology dictionary

  • lessee — ► NOUN ▪ a person who holds the lease of a property. ORIGIN Old French lesse, from lesser to let, leave …   English terms dictionary

  • lessee — [les ē′] n. [ME < Anglo Fr < OFr lessé, pp. of lesser < OFr laissier: see LEASE & EE1] a person to whom property is leased; tenant …   English World dictionary

  • Lessee — The person who rents land or property from a lessor. The lessee is also known as the tenant , and must uphold specific obligations as defined in the lease agreement and by law. The lease is a legally binding document, and if the lessee violates… …   Investment dictionary

  • lessee — a person who enters into a lease contract as the user of the land, buildings, plant or equipment. Glossary of Business Terms An entity that leases an asset from another entity. Bloomberg Financial Dictionary * * * lessee les‧see [leˈsiː] noun… …   Financial and business terms

  • Lessee — An entity that leases an asset from another entity. The New York Times Financial Glossary * * * lessee les‧see [leˈsiː] noun [countable] LAW someone who is legally allowed to use a house, building, land etc for a fixed period of time in return… …   Financial and business terms

  • lessee — The party to a lease known as the tenant. The bailee under a lease of personalty. There is authority to the effect that the presence or absence of possession of the premises is a distinguishing factor between the relationship of landlord and… …   Ballentine's law dictionary

  • Lessee —   An independent marketer who leases the station and land and has use of tanks, pumps, signs, etc. A lessee dealer typically has a supply agreement with a refiner or distributor and purchases products at dealer tank wagon prices. The term lessee… …   Energy terms

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