Meaning of Lessee | Babel Free

Definitions

1. An individual or a corporation who has the right of use of something of value, gained through a lease agreement with the real owner of the property.
2. The entity to whom a lease is given, or who takes an estate by lease.
3. Someone who is allowed to use a house, building, land etc. for a period of time in return for payment to the owner.

Equivalents

Examples

“These automobiles will be covered for the three excluded perils, if loss is caused by the lessee or the rentee.”

CEFR level