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lessee

The correct spelling is lessee.

How to pronounce lessee

noun

Say it like: Les-see

The correct spelling is lessee. 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.

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Definition

noun

  1. 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. 2.The entity to whom a lease is given, or who takes an estate by lease.
  3. 3.Someone who is allowed to use a house, building, land etc. for a period of time in return for payment to the owner.

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