who is the lessor and who is the lessee
Lessor is a participant of the leasing contract, who takes possession of the property and provides it as a leasing subject to the lessee for temporary possession. Commercial banks, credit non-bank organizations, leasing companies often act as a lessor.
lessee. n. 1. (Law) a person to whom a lease is granted; a tenant under a lease. [C15: via Anglo-French from Old French lesse, lessÃ© from lesser to lease ]. 1