lessor

noun
les·​sor | \ ˈle-ˌsȯr How to pronounce lessor (audio) , le-ˈsȯr How to pronounce lessor (audio) \

Definition of lessor

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

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Synonyms & Antonyms for lessor

Synonyms

landlord, letter, renter

Antonyms

lessee, lodger, roomer, tenant

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Examples of lessor in a Sentence

lessors are free to charge as much as they want for a house

Recent Examples on the Web

Sounding the alarm this week over the increasingly tenuous alliance were Aengus Kelly, who heads the largest global jet lessor, and United Airlines boss Oscar Munoz. Richard Weiss, Fortune, "Boeing Wants to Bring Back Its 737 Max This Year—But a Spat Between Regulators Could Thwart It," 6 Sep. 2019 The proposal to make Ahmedabad’s tax-free GIFT zone a hub of aircraft leasing will also lower costs for airlines who currently rely on foreign lessors for aircraft. Pramod Mathew, Quartz India, "In a quest to remain fiscally prudent, India’s budget stuck to the minimum," 6 July 2019 The rise of lessors has been funded by the same flood of money that has lifted illiquid assets like leveraged loans, as money managers have hunted for better investment returns in a decade of ultralow interest rates. Jon Sindreu, WSJ, "Aircraft Investors Should Be More Grounded," 25 Jan. 2019 Boeing also secured multiple deals, including a $9.6 billion deal with lessor Air Lease Corp. AL -0.64% and $9.8 billion agreement with Russian air freight operator Volga-Dnepr Group and CargoLogicHolding for 777 freight planes. Andrew Tangel, WSJ, "Airbus Deal Brings Battle With Boeing to Small-Plane Market," 17 July 2018 In some cases, lessors use the bonds to unload older aircraft without giving up their income from managing the fleet. Ben Eisen, WSJ, "Travel Boom Fuels Bond Bet Tied to Airplanes," 13 Nov. 2018 Shares of some traditional aircraft lessors have fallen this year. Ben Eisen, WSJ, "Travel Boom Fuels Bond Bet Tied to Airplanes," 13 Nov. 2018 Air Lease is seeing delays of a month or less, John Plueger, the aircraft lessor’s chief executive officer, told analysts last week. Eliza Haverstock, The Seattle Times, "Boeing’s monthly 737 deliveries tumble to lowest since 2012 on factory jam," 14 Aug. 2018 Cinven Partners LLP in 2015 sold its stake in plane lessor Avolon to Bohai Leasing, an affiliate of China’s HNA Group. Robert Wall, WSJ, "Private Equity Makes Leasing Planes a Hot Commodity," 4 July 2018

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.

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First Known Use of lessor

14th century, in the meaning defined above

History and Etymology for lessor

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

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Statistics for lessor

Last Updated

12 Sep 2019

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Time Traveler for lessor

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

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More Definitions for lessor

lessor

noun

English Language Learners Definition of lessor

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

lessor

noun
les·​sor | \ ˈle-ˌsȯr, le-ˈsȯr How to pronounce lessor (audio) \

Legal Definition of lessor

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

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More from Merriam-Webster on lessor

Rhyming Dictionary: Words that rhyme with lessor

Thesaurus: All synonyms and antonyms for lessor

Spanish Central: Translation of lessor

Nglish: Translation of lessor for Spanish Speakers

Britannica English: Translation of lessor for Arabic Speakers

Britannica.com: Encyclopedia article about lessor

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