A lessor is an entity or individual that grants the right to use an asset, such as property or equipment, to another party, known as the lessee, under a lease agreement. The lessor retains ownership of the asset while the lessee pays for its use over a specified period. This lessor definition is crucial in understanding lease transactions and financial reporting.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
