Lessor
Lessor is the party receiving the payments from the lease (that is, the owner of the property).
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Lessor. The party receiving the payments from the lease (that is, the owner of the property).
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Lessor. The owner of the leased property.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.