Home
E-Mail
Latest

Lessor Financial Glossary

What is it? The party to a lease agreement who has legal or tax title to the equipment (in the case of a true tax lease), grants the lessee the right to use the equipment for the lease term and is entitled to receive the rental payments.

Finance Term Definition Added By: Jessica

The Lessor definition has been viewed 702 Time(s)!




Send To Friends!

If you'd like to send the Lessor definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Lessor. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term public records is The records maintained by a filing authority that record the ownership and/or security interests held in property. Under Article 9 of the Uniform Commercial Code (UCC), creditors can perfect interests in a debtors personal property by recording a lien in the public records. Some states require such UCC filings to be made in a central, state-wide location. Other states require UCC filings to be made in public records maintained locally in each county. Both ownership and liens in real property are usually recorded in public records maintained by each county.

Financial Term Beneficiary is The person or party entitled to receive the benefits, or proceeds, of the life insurance policy upon the death of the insured person.

Financial Term data warehouse is A computerized database composed of data extracted from the data processing and accounting systems used for various bank deposit, loan, and other customer products. Typically, data is extracted from the various product systems, balanced, scrubbed, and converted into a standardized, readily accessible format.

Financial Term Affiliate is An organization that is a parent or subsidiary of another organization or a subsidiary of a common parent. An organization may be an affiliate of another because of ownership, overlapping officers and directors, or other factors. For example, Pacific Trust Bank and First PacTrust Bancorp, Inc. are affiliates, because both are owned by First PacTrust Bancorp, Inc.

Financial Term Tessa is Term