Difference between Lessee and Leaseholder

What is the difference between Lessee and Leaseholder?

Lessee as a noun is an individual or a corporation who has the right of use of something of value, gained through a lease agreement with the real owner of the property. while Leaseholder as a noun is a person who is tenant by holding a lease, a leasee.

Lessee

Part of speech: noun

Definition: An individual or a corporation who has the right of use of something of value, gained through a lease agreement with the real owner of the property. The entity to whom a lease is given, or who takes an estate by lease. Someone who is allowed to use a house, building, land etc. for a period of time in return for payment to the owner.

Part of speech: verb

Definition:

Leaseholder

Part of speech: noun

Definition: A person who is tenant by holding a lease, a leasee.

We hope you now know whether to use Lessee or Leaseholder in your sentence.

Also read

multiphase and polyphase - What's the difference?

Difference between sulfurous and hot

Difference between aflame and afire

branched and biramous - What's the difference?

Difference between glossiness and burnish

Difference between capaciousness and roominess

Difference between exploit and feat

poise vs balance

Popular Articles

NavIC vs. GPS vs. GLONASS vs. Galileo: Differences between Navigation Systems

Major Differences Between Google TV and Android TV

Differentiating OLED and QLED TVs: Which is Right for You?

Difference Between Level 1, Level 2 And Level 3 Electric Car Chargers