MLchartDataset catalogue

Lessee

Term · Insurance and risk management · MLC-T-INS-001988

An individual or entity that holds the right to use an asset under a lease agreement. The lessee makes periodic payments to the lessor in exchange for this right, without taking ownership of the asset. This party is responsible for maintaining the leased property and adhering to the terms outlined in the lease contract.

Table 1. Record
IdentifierMLC-T-INS-001988
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001988",
  "term": "Lessee",
  "field": "Insurance and risk management",
  "definition": "An individual or entity that holds the right to use an asset under a lease agreement. The lessee makes periodic payments to the lessor in exchange for this right, without taking ownership of the asset. This party is responsible for maintaining the leased property and adhering to the terms outlined in the lease contract.",
  "url": "https://mlchart.com/terminology/insurance/lessee/"
}

Record 1,912 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.