California Natural Gas Citygate Price: California Natural Gas Citygate Price is at a current level of 3.64, up from 3.30 last month and up from 3.02 one year ago. This is a change of 10.30% from last month and 20.53% from one year ago. California Natural Gas Citygate Price Chart.
a person who grants a lease. [1350â1400; Middle English lesso(u)r < Anglo-French. lessor. a person or entity that grants a lease to another; a person or entity that leases property as a landlord.
A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment is also leased. Broadly put, a lease agreement is a contract between two parties, the lessor and the lessee. The lessor is the legal owner of the asset; the lessee obtains the right to use the asset in return for regular rental payments.