Lessee

Lessee is the party leasing the property.

Definitions

According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Lessee. The party leasing the property.

According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),

Lessee. The party that uses, rather than the one who owns, the leased property.

Related concepts

• Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.

Related lectures

• Introduction to Financial Management.