lessor

noun

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

Examples of lessor in a Sentence

lessors are free to charge as much as they want for a house
Recent Examples on the Web
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In these cases, the Executor often negotiates an early termination with the lessor. 3. Matthew F. Erskine, Forbes, 11 Sep. 2024 Insurance companies argue that lessors should have done more to repossess the planes from Russia–and that the U.S. is in a de facto war with Russia, which would void some claims. Alan Murray, Fortune, 20 Mar. 2024 The airline is near a deal to replace some of those with at least three dozen Airbus A321 jets secured from aircraft lessors, Bloomberg has reported. Anthony Palazzo, Fortune, 18 Mar. 2024 The average monthly rent for these matches is $609, but some lessors provide rooms in exchange for services, such as help with yard work, meal preparation, housekeeping and companionship. Lauren J. Mapp, San Diego Union-Tribune, 15 Jan. 2024 See all Example Sentences for lessor 

Word History

Etymology

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

First Known Use

14th century, in the meaning defined above

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

Dictionary Entries Near lessor

Cite this Entry

“Lessor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lessor. Accessed 21 Nov. 2024.

Kids Definition

lessor

noun
: one that leases property to another

Legal Definition

lessor

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

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