financial (or capital) lease
financial (or capital) lease
Finance dictionary of financial terms
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Economics and finance
Definition of financial (or capital) lease
financial (or capital) lease: A longer-term lease than an operating lease that is noncancellable and obligates the lessee to make payments for the use of an asset over a predefined period of time, the total payments over the term of the lease are greater than the lessor’s initial cost of the leased asset.
Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc
link: http://foba.lakeheadu.ca/
Author : not indicated on the source document of the above text
Finance dictionary of financial terms
Finance dictionary of financial terms index
Definition and meaning of financial (or capital) lease
Meaning of financial (or capital) lease
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