LESSOR Definition

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LESSOR is the party who conveys specified property to another for a period of time in return for the receipt of rent.

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CIRCA means about or approximately. It is used before a year, e.g. circa 2008.

SYNERGY is the working together of two or more things to produce an effect greater than the sum of their individual effects. For example, in the context of mergers, cost synergy is the savings in operating costs expected after two companies, who compliment each others strengths, join.

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