Leaser: meaning, definitions and examples
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leaser
[ ˈliːzər ]
legal agreement
A leaser is an individual or entity that grants the right to use an asset for a specified period in exchange for rental payments. This term is commonly used in rental agreements related to property or equipment. The leaser retains ownership of the asset but allows the lessee to use it under agreed-upon terms.
Synonyms
Examples of usage
- The leaser provided the apartment under a one-year lease agreement.
- As a leaser, he has the right to inspect the property at any time.
- The leaser must give a 30-day notice before terminating the lease.
- In business, the leaser supplies equipment to various companies.
Translations
Translations of the word "leaser" in other languages:
🇵🇹 locador
🇮🇳 किरायेदार
🇩🇪 Vermieter
🇮🇩 penyewa
🇺🇦 орендодавець
🇵🇱 wynajmujący
🇯🇵 貸主
🇫🇷 bailleur
🇪🇸 arrendador
🇹🇷 kiraya veren
🇰🇷 임대인
🇸🇦 المؤجر
🇨🇿 pronajímatel
🇸🇰 prenajímateľ
🇨🇳 出租人
🇸🇮 najemodajalec
🇮🇸 leigusali
🇰🇿 жалға беруші
🇬🇪 ქირავნიდან
🇦🇿 icarə verən
🇲🇽 arrendador
Etymology
The term 'leaser' originates from the verb 'lease,' which comes from the Old French word 'laisser,' meaning 'to let or allow.' This word can be traced back to the Latin 'lassare,' also meaning 'to allow' or 'to let.' The formal use of 'lease' began in legal and commercial contexts, particularly during the development of property law in the medieval period. As the practice of renting and leasing real estate became more common, the noun form 'leaser' emerged to designate the party who grants the lease. Today, the term is commonly used in various sectors, including real estate, vehicles, and equipment rental.
Word Frequency Rank
At position #41,041, this word is among the less frequently used terms in English. While interesting to know, it's not crucial for most English learners unless needed for specific purposes.