Lessor(redirected from lessors)
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Related to lessors: lessers
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
The owner of an asset who permits another party to use the asset under a lease. Compare lessee.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
One who rents property to another. In the case of real estate, the lessor is also known as the landlord.
Copyright © 2008 H&R Block. All Rights Reserved. Reproduced with permission from H&R Block Glossary