Lessor


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Lessor

An entity that leases an asset to another entity.

Lessor

The owner of land, a house, or other property who sells the right to use the property for a set period of time. Sometimes, this includes the right to develop land belonging to another, but normally it is the right to live on or use an already developed property. The contract governing a lessor's rights is a lease; it generally includes the lessee's right to use the property under certain conditions without undue interference from the lessor for the period of time described in the lease. In exchange, the lessee pays rent.

lessor

The owner of an asset who permits another party to use the asset under a lease. Compare lessee.

Lessor

One who rents property to another. In the case of real estate, the lessor is also known as the landlord.
References in periodicals archive ?
The mounting costs associated with section 388 are attributable to rising amounts in jury awards and to, what seems to some, outrageous determinations of lessor liability.
This endorsement protects the lessor in case the insurance required by the leasing agreement is not collectible.
* Residual value--resale value of a car at lease end, as determined by the lessor.
Sometimes the lessor wants to lend his money to the lessee to make profit, then he acts as a "Money Lender", and lends money on interest or mark up basis.
Following Leeth and Scott (1989) and Scott (1977), it can be argued that leases have lower expected bankruptcy costs for the lessor than secured debt has for the lender, thereby making leasing a preferred financing alternative for firms with a higher potential for financial distress.
receive the leased asset from the lessor (or the Supplier);
The presence of any of these circumstances authorizes the lessor to directly resort to the MTC/MeTC for summary ejectment.
Accordingly, the lessor has a variety of remedies it can pursue: seeking relief from the automatic stay, filing a motion to compel payment, filing an administrative expense claim and filing a motion to require the debtor-lessee to assume or reject the lease.
But with air pockets in sight, industry executives increasingly point to an expected shakeout among smaller lessors. Some smaller Chinese players are already pulling back.
The site also provides premium services for the lessor and the tenant, such as: updating, linking and verification of the account's smart pass login, and the client will receive the contract link through a text message.
Lessors calculate and recognize any selling profit or loss at the commencement of the lease as the fair value of the underlying asset (or the sum of lease receivable and any prepaid lease payment by lessee, if lower), less the carrying amount of the underlying asset net of any unguaranteed residual asset, less any deferred initial direct costs of the lessor.
Summary: Aircraft lessor says bonds not trading at prices consistent with market position