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Lessor

• The owner of assets that are being leased.

• An entity that leases an asset to another entity.

• Is the person who leases out a property to another person (lessee). The lessor either owns the property of holds a master lease which grants ownership-type powers. In the case of real estate, the lessor would be considered as the landlord.

 
 Embedded terms in definition
 Assets
Asset
Grants
Lease
Out
Real estate
 
 Referenced Terms
 Direct lease: A lease under which a Lessor owns or acquires the assets that are leased to a given lessee.Lease in which the lesser purchases new equipment from the manufacturer and leases it to the lessee.

 Full service lease: Also called rental lease. Lease in which the Lessor promises to maintain and insure the equipment leased.

 Leveraged lease: A lease under which the Lessor acts as an equity participant, supplying only about 20 percent of the cost of the asset, while a lender supplies the balance.The Lessor provides only a minor portion of the cost of the leased equipment, borrowing the rest from another lender.A lease arrangement under which the Lessor borrows a large proportion of the funds needed to purchase the asset and grants the lender a lien on the assets and a pledge of the lease payments to secure the borrowing.

 Leveraged lease: A lease under which the Lessor acts as an equity participant, supplying only about 20 percent of the cost of the asset, while a lender supplies the balance.The Lessor provides only a minor portion of the cost of the leased equipment, borrowing the rest from another lender.A lease arrangement under which the Lessor borrows a large proportion of the funds needed to purchase the asset and grants the lender a lien on the assets and a pledge of the lease payments to secure the borrowing.

 Leveraged lease: A lease under which the Lessor acts as an equity participant, supplying only about 20 percent of the cost of the asset, while a lender supplies the balance.The Lessor provides only a minor portion of the cost of the leased equipment, borrowing the rest from another lender.A lease arrangement under which the Lessor borrows a large proportion of the funds needed to purchase the asset and grants the lender a lien on the assets and a pledge of the lease payments to secure the borrowing.

<< Lessee Letter of comment >>

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