East Canada2,2212,597376 2,974 3,202228. * Net pipeline flows by region are the aggregated total interstate pipeline flows across the regional bor-. der. Net supply regions are those that historically have had more supply than demand within the region. and have been net suppliers of gas to other regions.
DEFINITION of 'Lessee'. The person who rents land or property from a lessor. The lessee is also known as the tenant, and must uphold specific obligations as defined in the lease agreement and by law. The lease is a legally binding document, and if the lessee violates its terms, he or she could be evicted. Next Up.
What is a 'Payee'. A payee is the party in an exchange who receives payment. A payee is paid in cash, check or other transfer medium by a payer, with the payer receiving goods or services in return. The name of the payee is included in the bill of exchange, and it usually refers to a natural person or an entity such as a business, trust or custodian. Next Up.