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.
A bailee is a person who receives possession of a property or goods through a contract of bailment. Unlike a contract of sale, the bailee has to return the goods or property to the bailor, under a contract of bailment. A bailee is responsible for the safekeeping and return of the property to the bailor or otherwise disposing it off according to the contract of bailment. A bailee is also referred to as a custodian.