merchant lessee
A lessee who is a merchant of goods similar to those being leased. UCC § 2A-103(t).
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lessee
lessee (le-see). One who has a possessory interest in real or personal property under a lease; TENANT. [Cases: Bailment 1; Landlord and Tenant 1. C.J.S. Bailments §§ 2–13, 15, 19, 22–24, 31; Landlord and Tenant§§ 1, 2(1, 2), 6(1), 7, 202(5).] lessee in the ordinary course of business. A person that, in good faith and