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Definitions from the Web

Term: Leessee

Part of Speech: Noun

Sense 1:

Description: The person or entity who is granted a lease or rental agreement for a property.

Sample Sentence: The leessee signed a one-year lease for the apartment.

Related Products: Real Estate Lease Agreement

Sense 2:

Description: The person or company to whom a specific right or interest is transferred.

Sample Sentence: The leessee of the trademark expanded its use to new markets.

Related Products: Trademark Licensing

Part of Speech: Verb

Sense 1:

Description: To grant a lease or rental agreement to someone for a property.

Sample Sentence: The landlord agreed to leessee the commercial space to the business owner.

Related Products: Property Management

Sense 2:

Description: To transfer a specific right or interest to someone.

Sample Sentence: The company leesseed its patent to a competitor for a royalty fee.

Related Products: Intellectual Property Licensing