What is the meaning of the words leaser and leasee?

A "leaser" is an individual or entity that owns an asset and grants its use to another party, typically through a lease agreement. The "leasee," on the other hand, is the individual or entity that receives the right to use the asset in exchange for regular payments to the leaser. Essentially, the leaser is the landlord or provider, while the leasee is the tenant or user of the asset.