: one that transfers property (such as a house or a car) by a contract
Examples of lessor in a Sentence
lessors are free to charge as much as they want for a house
Recent Examples on the Web
In a wet lease, the lessor is responsible for providing the plane as well as the crew, maintenance and insurance.
—
Peter Guo, NBC news, 20 Oct. 2025
This has forced some to reassess lower-performing routes as unprofitable, such as in the case of Spirit Airlines, which filed for bankruptcy and has recently been approved $475 million in debtor-in-possession financing and a $150 million injection from one of its aircraft lessors.
—Aliss Higham, MSNBC Newsweek, 19 Oct. 2025
According to a recent blog post from Lightbourn, Chinese lessor portfolios have approximately $100 billion of shipping assets, accounting for more than 15% of the global ship finance market.
—Lori Ann Larocco, CNBC, 10 Oct. 2025
This is a compelling approach, as the lessor traditionally owns residual risk in an automotive lease transaction.
—Hughey Newsome, Forbes.com, 10 Sep. 2025
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Peter Guo, NBC news, 20 Oct. 2025
This has forced some to reassess lower-performing routes as unprofitable, such as in the case of Spirit Airlines, which filed for bankruptcy and has recently been approved $475 million in debtor-in-possession financing and a $150 million injection from one of its aircraft lessors.
—Aliss Higham, MSNBC Newsweek, 19 Oct. 2025
According to a recent blog post from Lightbourn, Chinese lessor portfolios have approximately $100 billion of shipping assets, accounting for more than 15% of the global ship finance market.
—Lori Ann Larocco, CNBC, 10 Oct. 2025
This is a compelling approach, as the lessor traditionally owns residual risk in an automotive lease transaction.
—Hughey Newsome, Forbes.com, 10 Sep. 2025
See All Example Sentences for lessor
Cite this Entry
“Lessor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lessor. Accessed 29 Oct. 2025.
Copy CitationKids Definition
lessor
noun
les·sor
ˈles-ˌȯ(ə)r 
le-ˈsȯ(ə)r
le-ˈsȯ(ə)r
: one that leases property to another
Legal Definition
lessor
noun
les·sor
ˈle-ˌsȯr, le-ˈsȯr
: a person who conveys the possession of real or personal property under a lease
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