|
An agreement where the leaser receives lease payments to cover its ownership costs. The lessee is responsible for maintenance, insurance, and taxes. Some finance leases are conditional sales or hire purchase agreements. Copyright © 2005, Campbell R. Harvey. All Worldwide Rights Reserved. Do not reproduce without explicit permission.
|
Related Articles
Lease
Financial lease
Finance company
Finance
Equivalent loan
Double-dip lease
Cost of lease financing
Corporate finance
Similar Areas
Finance Items
Selected Books
Keywords
Finance Lease
finance
lease
leaser
lease payments
ownership costs
|