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Word: lessee
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Meaning:
Noun:
- 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.
- Someone who is allowed to use a house, building, land etc. for a period of time in return for payment to the owner.
- The entity to whom a lease is given, or who takes an estate by lease.
Source: Wiktionary
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Source: Wiktionary
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