: 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
In these cases, the Executor often negotiates an early termination with the lessor.
3.
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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 
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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
Dictionary Entries Near lessor
Cite this Entry
“Lessor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lessor. Accessed 8 Nov. 2024.
Copy CitationKids Definition
lessor
noun
les·sor
ˈles-ˌȯ(ə)r 
le-ˈsȯ(ə)r
le-ˈsȯ(ə)r
: one that leases property to another
Legal Definition
lessor
noun
les·sor
ˈle-ˌsȯr, le-ˈsȯr
: a person who conveys the possession of real or personal property under a lease
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