We failed to cancel the authorization, so caveat lessee.
The lessee is liable for loss, destruction, or damage of the rental property during the term of the rental agreement.
lessee to transmit statement of minerals removed and royalty due.
Leveraged leases generally involve three parties: a lessor, a lessee, and a lender to the lessor.
The lessee has occupancy rights in the property for a specified term.
British Dictionary definitions for lessee
lessee
/lɛˈsiː/
noun
1.
a person to whom a lease is granted; a tenant under a lease
Derived Forms
lesseeship, noun
Word Origin
C15: via Anglo-French from Old French lessé, from lesser to lease1
Word Origin and History for lessee
n.
"one to whom a lease is given," late 15c., from Anglo-French lesee, Old French lessé, past participle of lesser (Modern French laisser) "to let, leave" (see lease).