lessee

Etymology 1

From Anglo-Norman lessié, past participle of lessier (“to permit, to let”).

noun

1. 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.
   These automobiles will be covered for the three excluded perils, if loss is caused by the lessee or the rentee. 1989, Harry F. Brooks, Donald S. Malecki, Insuring the Lease Exposure, Cincinnati, OH: National Underwriter Co., page 116
2. The entity to whom a lease is given, or who takes an estate by lease.
3. Someone who is allowed to use a house, building, land etc. for a period of time in return for payment to the owner.

Etymology 2

Contraction.

verb

1. Pronunciation spelling of let's see.
   Lessee now, who else does the old master know? 1947, Benjamin Appel, But Not Yet Slain, page 83