Etymology
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lessee (n.)

"one to whom a lease is given," late 15c., from Anglo-French lesee, Old French lessé, past participle of lesser "to let, to leave" (10c., Modern French laisser), from Latin laxare, from laxus "loose" (see lax).

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Definitions of lessee

lessee (n.)
a tenant who holds a lease;
Synonyms: leaseholder
From wordnet.princeton.edu