lessor

noun

: one that transfers property (such as a house or a car) by a contract

Example Sentences

lessors are free to charge as much as they want for a house
Recent Examples on the Web The notice of intent to sue was also sent to the DEC and the Hudson River Park Trust, which operates Hudson River Park and is Con Ed's lessor. Meredith Deliso, ABC News, 24 Aug. 2022 If a holder leases to a party in another sector, that transaction is recorded publicly, but only the sectors are identified, not the specific lessor or lessee. Will Sennott, ProPublica, 6 July 2022 Long-term funding may have been arranged on strict terms or a lessor-financier SLB will have linked the final purchase price of the aircraft to the lease amount using a formula. David Yu, Forbes, 27 Apr. 2022 So why aren’t investors buying the dip in lessor shares and ABS? Jon Sindreu, WSJ, 26 Mar. 2022 The city of San Antonio remains the property owner and lessor, while the city of Alamo Heights is the pool owner and lessee. Megan Rodriguez, San Antonio Express-News, 6 May 2022 AerCap is the world’s largest aircraft lessor following its $31 billion takeover of the jet-leasing business of General Electric Co. last year. Doug Cameron, WSJ, 30 Mar. 2022 According to aviation consultancy IBA, Irish aircraft lessor AerCap—the world's largest plane leasing company—has rented almost 7.5% of its portfolio, or about 145 planes, to Russian airlines. Nicholas Gordon, Fortune, 29 Mar. 2022 The airline has leased 15 aircraft—six Boeing 787-9 aircraft and three Boeing 787-8 aircraft from Irish lessor AerCap Holdings, and another six Boeing 787-9 aircrafts from BOC. Sophie Mellor, Fortune, 22 Sep. 2021 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'lessor.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Word History

Etymology

Middle English lessour, from Anglo-French, from lesser to lease

First Known Use

14th century, in the meaning defined above

Time Traveler
The first known use of lessor was in the 14th century

Dictionary Entries Near lessor

Cite this Entry

“Lessor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lessor. Accessed 28 Nov. 2022.

Kids Definition

: one that leases property to another

Legal Definition

lessor

noun

: a person who conveys the possession of real or personal property under a lease

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