lessor
Definition
Owner or the title holder of the leased asset or property. The lessor is also the lender and secured party in case of capital leases and operating leases. In case of leveraged leases, however, a third party (the lender) and not the lessor holds the title.
lessor is in the Accounting & Auditing, Banking, Commerce & Finance and Purchasing & Procurement subjects.
lessor appears in the definitions of the following terms:
gross lease,
non-tax lease,
open ended lease,
acquisition fee,
capital lease,
step lease,
certificate of participation (COP) lease,
lease purchase,
true lease,
leasehold improvements
and
lessor appears in the other term: lessor's interest
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