Dictionary

lessor

noun les·sor \ˈle-ˌsr, le-ˈsr\

law : a person or company that leases property (such as a car or house) to someone

Full Definition of LESSOR

:  one that conveys property by lease

Examples of LESSOR

  1. <lessors are free to charge as much as they want for a house>

Origin of LESSOR

Middle English lessour, from Anglo-French, from lesser to lease
First Known Use: 14th century

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

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