: one that holds real or personal property under a lease
Examples of lessee in a Sentence
the lessee has the right to expect the lessor to make all necessary repairs in a timely manner
Recent Examples on the Web
The lessee gets 10,000 miles a year before extra-mile fees kick in.
—
Nathan Bomey, Axios, 17 Dec. 2024
Gap insurance is essential for lessees because a new-vehicle lease is virtually unbreakable.
—Jim Gorzelany, Forbes, 29 Nov. 2024
The current federal tax credit also applies to leases, and some dealerships are exploiting a loophole that allows EV lessees to qualify for the full $7,500 credit without meeting income or manufacturer requirements.
—J.j. McCorvey, NBC News, 26 Nov. 2024
Prices for New York City commercial real estate leases vary, but the asking price for Spirit Halloween’s Chelsea location in southwest Manhattan is $100 per square foot for the 21,300 square foot ground floor for a permanent lessee.
—Ryan Baker, CNBC, 23 Oct. 2024
See all Example Sentences for lessee 
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Nathan Bomey, Axios, 17 Dec. 2024
Gap insurance is essential for lessees because a new-vehicle lease is virtually unbreakable.
—Jim Gorzelany, Forbes, 29 Nov. 2024
The current federal tax credit also applies to leases, and some dealerships are exploiting a loophole that allows EV lessees to qualify for the full $7,500 credit without meeting income or manufacturer requirements.
—J.j. McCorvey, NBC News, 26 Nov. 2024
Prices for New York City commercial real estate leases vary, but the asking price for Spirit Halloween’s Chelsea location in southwest Manhattan is $100 per square foot for the 21,300 square foot ground floor for a permanent lessee.
—Ryan Baker, CNBC, 23 Oct. 2024
See all Example Sentences for lessee
Dictionary Entries Near lessee
Cite this Entry
“Lessee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lessee. Accessed 22 Dec. 2024.
Copy CitationKids Definition
lessee
noun
les·see
le-ˈsē 
: a person holding or occupying property under a lease
Legal Definition
lessee
noun
les·see
le-ˈsē
: a person who has possession of real or personal property under a lease
specifically
: a tenant of real property under a lease
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