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Does the term "lessor" refer to only parties that lease property?

All of the definitions I have been researching (http://dictionary.reference.com/browse/lessor, https://www.google.co.uk/search?q=define%3A%20lessor, https://en.wikipedia.org/wiki/Lease) have only regarded property leasing.

Is it accurate (in casual use, rather than legal use) to use the term "lessor" to refer to someone leasing, say, building equipment? e.g.

Lorem Supplies Ltd were the lessors of the cement mixer we used when we made that path.

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    Looking for the meaning of a word? Have you tried looking in a dictionary? (Text as I remember one of the banners on the site being. It sounds a bit curt, but I'm suggesting that you should be able to easily answer this yourself. If you have already done dictionary research, and it wasn't conclusive, please edit your post to include your research so that we don't repeat it.)
    – AndyT
    Dec 21, 2015 at 17:01
  • What makes you think equipment is not property? Dec 21, 2015 at 17:07
  • Hi @AndyT, yes, sorry, I didn't mention it in the question, I ask since all of my research has mentioned property, I wondered whether lessor is for property only, or whether there is another word like leasor, leaser.
    – StuperUser
    Dec 21, 2015 at 17:08
  • @TimLymington Because I can't live in a cement mixer ;). The residential/commercial/industrial definition of property.
    – StuperUser
    Dec 21, 2015 at 17:09
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    @StuperUser I have answered your question below with a sample contract.
    – WS2
    Dec 21, 2015 at 18:30

2 Answers 2

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M-W Unabridged (subscription required) provides a second definition for lessor:

2. a bailor under a bailment agreement providing a rental for personal property

If I understand your question, no, leases (and therefore lessors) aren't restricted to real estate. It's pretty common to lease automobiles, for example.

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  • The Master & Commander clip has nothing to do with leasing - it's amusing, but the only connection to the question here is that for some speakers, lessor and lesser are homonyms. Dec 22, 2015 at 13:06
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This is a sample of an Equipment Leasing Contract which quite clearly refers, as I suspected, to a Lessor and a Lessee

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