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Lessee
LesseeA person to whom a lease is granted, known as a tenant. RELATED TERMS-------------------------------------- Lease The right to use property for a certain number of years in return for payment. Tenant A partial owner of a security, or the holder of some property. SIMILAR TERMS-------------------------------------- Less developed countries (LDCs) Also known as emerging markets. Countries who's per capita GDP is below a World Bank-determined level. Less than container load Shipments of less than container load size. Lessor A person who grants a lease, known as a landlord. PREVIOUS AND NEXT TERMS-------------------------------------- Lending at a rate Interest paid to a customer on the credit balance received from a short sale. Lending securities Securities borrowed from a broker's inventory, from another customer's margin account, or from another broker, when a customer is required to deliver on a short sale. Leptokurtosis The condition of a probability density curve to have fatter tails and a higher peak at the mean than the normal distribution. Less developed countries (LDCs) Also known as emerging markets. Countries who's per capita GDP is below a World Bank-determined level. Less than container load Shipments of less than container load size. Lessee Lessor A person who grants a lease, known as a landlord. Letter of Administration A certificate issued by the Court evidencing the appointment of the Administrator of an Estate. Letter of Comment A communication to the firm from the SEC that suggests changes to its registration statement. Letter of Credit (LOC) A paper issued by a buyer's bank as proof that the seller will be paid. Letter of Guarantee A letter from a bank to a brokerage firm which states that a customer (who has written a call option) does indeed own the underlying stock and the bank will guarantee delivery if the call is assigned. We thank you for using the Financial Dictionary to search for Lessee. If you have a better definition for Lessee than the one presented here, please let us know by making use of the suggest a term option. This definition of Lessee may be disputed by other professionals. Our attempt is to provide easy definitions on Lessee and any other medical topic for the public at large.
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