lessee - Meaning in Konkani
lessee - Meaning in Konkani
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Definitions and Meaning of lessee in English
lessee noun
- a tenant who holds a lease
Synonyms
leaseholder
Description
A lease is a contractual arrangement calling for the user to pay the owner for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. Basically a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use.
Also see "Lease" on WikipediaWhat is lessee meaning in Konkani?
The word or phrase lessee refers to a tenant who holds a lease. See lessee meaning in Konkani, lessee definition, translation and meaning of lessee in Konkani. Find lessee similar words, lessee synonyms. Learn and practice the pronunciation of lessee. Find the answer of what is the meaning of lessee in Konkani.
Other languages: lessee meaning in Hindi
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What is lessee meaning in Konkani, lessee translation in Konkani, lessee definition, pronunciations and examples of lessee in Konkani.
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