See: leveraged employee stock ownership plan (LESOP) . Also See: employee stock ownership plan (ESOP) .
Insurance Encyclopedia
Less than Truck Load (LTL)
Rates applicable when the quantity of freight tis less than the volume of truckload minimum weight.
Lessee
The person to whom a lease is granted, commonly called the tenant.
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One who possesses the right to use or occupy a property under a lease; the tenant.
Lessee’s safe deposit box coverage form (Criminal)
Insurance that covers the loss of items kept inside the insured’s safe deposit box in a depository facility, such as a bank. This commercial crime form does not cover money kept in a safe deposit box.
Lessor
The person granting a lease, also known as the landlord.