: 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
The struggling budget airline has reached an agreement with some of its debtholders for up to $475 million in debtor-in-possession financing, a lifeline that bankrupt companies can use to continue operating, as well as $150 million from a major aircraft lessor, Huebner said.
—
Leslie Josephs, CNBC, 30 Sep. 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
Aircraft lessors have picked up an increasing share of the market for jets since the pandemic, as airlines look to finance plane purchases without risking their own balance sheets.
—Bloomberg, Oc Register, 2 Sep. 2025
Spirit is also locked in a dispute with aircraft lessor AerCap Holdings over a deal covering 36 Airbus planes due for delivery between 2027 and 2028.
—Shivansh Tiwary, USA Today, 31 Aug. 2025
See All Example Sentences for lessor
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Leslie Josephs, CNBC, 30 Sep. 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
Aircraft lessors have picked up an increasing share of the market for jets since the pandemic, as airlines look to finance plane purchases without risking their own balance sheets.
—Bloomberg, Oc Register, 2 Sep. 2025
Spirit is also locked in a dispute with aircraft lessor AerCap Holdings over a deal covering 36 Airbus planes due for delivery between 2027 and 2028.
—Shivansh Tiwary, USA Today, 31 Aug. 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 7 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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