: 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
For the part of its fleet that's leased, the lessor will retain possession and will be free to re-lease to Spirit or another airline, depending on what offers are on the table.
—
Ana Rocío Álvarez Bríñez, The Indianapolis Star, 19 Nov. 2024
Been a fan of both Berry and Mays, to a lessor extent, all my life but didn't know this side.
—Daniel Brown, The Athletic, 19 July 2024
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
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Ana Rocío Álvarez Bríñez, The Indianapolis Star, 19 Nov. 2024
Been a fan of both Berry and Mays, to a lessor extent, all my life but didn't know this side.
—Daniel Brown, The Athletic, 19 July 2024
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
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 28 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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