different between lessee vs underlease

English

Etymology 1

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

Pronunciation

• Rhymes: -i?

Noun

lessee (plural lessees)

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.
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.

Synonyms

• tenant, renter

Antonyms

• lessor

Translations

Etymology 2

Contraction.

Verb

lessee

1. Pronunciation spelling of let's see.
   • 1947, Benjamin Appel, But Not Yet Slain (page 83)

     Lessee now, who else does the old master know?

Anagrams

• Leeses, leeses

English

Etymology

under- +? lease

Noun

underlease (plural underleases)

1. (law) A lease granted by a tenant or lessee; a sublease.

   (Can we find and add a quotation of Burrill to this entry?)

Verb

underlease (third-person singular simple present underleases, present participle underleasing, simple past and past participle underleased)

1. To sublease.

Anagrams

• unreleased, unresealed