Lease

What Does Lease Mean?
An agreement in which one party gains a long-term rental agreement, and the other party receives a form of secured long-term debt.

Investopedia explains Lease
The lessee gains a long-term contract for the use of an asset, and the lessor is assured of regular payments for a specified number of years.

Related Terms

Alligator Property
Capital Lease
Capitalized Lease Method
Graduated Lease
Leaseback
Lessee
Lessor
Operating Lease
Synthetic Lease
Triple Net Lease
More Related Terms

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