lessor

/lesˈɔːr/

/ˈlesɔr/ noun [C] LAW, PROPERTY

Definition

› a person or organization that allows another person or organization to use something they own in return for regular payments: An asset may be repossessed by the lessor in the event of a default on the lease payments.

(Definition of lessor noun from the Cambridge Business English Dictionary © Cambridge University Press)

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“lessor” in other dictionaries

British English

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less preposition
less-developed country noun
less-than-container load noun
lessee noun
lessen verb
lessor noun
let noun
let verb
letter adjective
letter noun
letter of abatement noun

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