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: one that holds real or personal property under a lease
Examples of lessee in a Sentence
the lessee has the right to expect the lessor to make all necessary repairs in a timely manner
Recent Examples on the Web
Eligible claimants include current or former owners and lessees of the affected Subaru models who have experienced windshield cracking issues.
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Dan Perry, Newsweek, 31 Jan. 2025
Many financing transactions also may have a dollar buyout provision, where the borrower/lessee owns the equipment after making a nominal final payment.
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Chris Scharman, Forbes, 27 Dec. 2024
The lessee gets 10,000 miles a year before extra-mile fees kick in.
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Nathan Bomey, Axios, 17 Dec. 2024
Gap insurance is essential for lessees because a new-vehicle lease is virtually unbreakable.
—
Jim Gorzelany, Forbes, 29 Nov. 2024
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Word History
Dictionary Entries Near lessee
Cite this Entry
“Lessee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lessee. Accessed 17 Feb. 2025.
Kids Definition
lessee
noun
les·see
le-ˈsē
: a person holding or occupying property under a lease
Legal Definition
lessee
noun
les·see
le-ˈsē
: a person who has possession of real or personal property under a lease
specifically
: a tenant of real property under a lease
More from Merriam-Webster on lessee
Nglish: Translation of lessee for Spanish Speakers
Britannica English: Translation of lessee for Arabic Speakers
Britannica.com: Encyclopedia article about lessee
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