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What is a Lessor in Accounting? Understanding the Party that Grants Asset Usage Rights
lessee lessor asset usage rights lease agreement accounting principles financial transaction
Who is the entity that provides the right to use an underlying asset for a period of time to the lessee in exchange for consideration? Principal Agent Lessee Lessor

Lessor is the entity that provides the right to use an underlying asset for a period of time to for for consideration in exchange with the lessee.

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