lessee

Term of the Day lessee User or renter of the leased asset or property. In case of capital leases, the lessee is also the 'debtor' to the lessor. When real estate is leased, the lessee is called a tenant. Usage Example CP, which cited weakness in the thermal coal market for its decision, is seeking a partner, buyer or lessee for a portion of that line. Source: CP Railway sees big profit boost in 2013 after tough fourth quarter - Yahoo! News Canada Learn more about this term» Share this: Facebook Twitter Featured Article How to Read an Earnings Report Knowing how to read an earnings report gives an analyst or investor a bottom line perspective into the finances and profitability of a company. All U.S... Expand this article»

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