lessor (C1)

noun

Pronunciation: /ˈlɛsɔːr/

Definition

A person or entity who grants a lease to another, typically for property or equipment, in exchange for rent or other consideration.

Examples

• The lessor is responsible for maintaining the structural integrity of the building.

• Before signing the agreement, the lessee carefully reviewed the terms set by the lessor.

• Many commercial lessors require a security deposit equal to two months' rent.

Synonyms of lessor

Words with a similar meaning to lessor:

• landlord
• owner
• proprietor
• grantor

Antonyms of lessor

Words with the opposite meaning to lessor:

• lessee
• tenant

Browse the full Anaversity dictionary