Nonsegregated Disclosures

DEFINITION of 'Nonsegregated Disclosures '

Information that legally must be presented anywhere in a lease agreement. Nonsegregated disclosures are required by the Federal Reserve Board Regulation M. The lease agreement must also contain segregated disclosures, which are placed in a distinct and defined section of the contract. These are intended to protect consumers by clearly providing them with all the information they need to understand the contracts they are entering.

BREAKING DOWN 'Nonsegregated Disclosures '

Nonsegregated disclosures include information about government-required fees and taxes; whether the lessor or lessee will be responsible for insurance and how much it will cost; the leased item's estimated residual value; standards of excess wear and tear; lessor and lessee maintenance responsibilities; early termination and default; warranties; lessor's security interest; late payment fees; and whether there is a purchase option and what the purchase option price is.

RELATED TERMS
  1. Regulation M

    An IRS regulation that allows regulated investment companies ...
  2. Regulation Fair Disclosure - Reg ...

    A rule passed by the Securities and Exchange Commission in an ...
  3. Lease

    A legal document outlining the terms under which one party agrees ...
  4. Full Disclosure

    1. The U.S. Securities and Exchange Commission's (SEC) requirement ...
  5. Disclosure

    The act of releasing all relevant information pertaining to a ...
  6. Excess Judgment Loss

    The amount of additional loss that an insurer is required to ...
Related Articles
  1. Retirement

    Should You Buy Property On Leased Land?

    Find out what to consider before investing in a leased-land property.
  2. Home & Auto

    Exploring Advanced Insurance Contract Fundamentals

    Understanding your contract can help you protect our family's financial security.
  3. Credit & Loans

    How To Read Loan And Credit Card Agreements

    The devil is always in the details! Find out what you're signing yourself up for.
  4. Home & Auto

    New Wheels: Lease Or Buy?

    These two major ways to obtain a car have very different advantages and drawbacks. Find out which is best for you.
  5. Personal Finance

    Want To Know What Disclosures Mean ... In Plain English?

    Disclosures are the fine print in financial reports. We strip away the legal speak to tell you what they really mean.
  6. Economics

    How Interest Rates Affect The U.S. Markets

    When indicators rise more than 3% a year, the Fed raises the federal funds rate to keep inflation under control.
  7. Markets

    The (Expected) Market Impact of the 2016 Election

    With primary season upon us, investor attention is beginning to turn to the upcoming U.S. presidential election.
  8. Economics

    Obama’s Final Gesture to Expand Retirement

    President Obama has announced that the 2017 congressional budget will feature an attempt to expand access to qualified retirement savings accounts for workers.
  9. Economics

    3 Things That May Happen at FOMC Meeting

    We are keeping a close eye on what the Fed will say about economic outcomes and participants’ viewpoints at the FOMC meeting this week.
  10. Investing Basics

    Understanding Regulation T

    Regulation T governs customer cash accounts and the amount of credit that brokerage firms and dealers may extend to customers to buy securities.
RELATED FAQS
  1. How does the Wall Street Journal prime rate forecast work?

    The prime rate forecast is also known as the consensus prime rate, or the average prime rate defined by the Wall Street Journal ... Read Full Answer >>
  2. What is a basis point (BPS)?

    A basis point is a unit of measure used in finance to describe the percentage change in the value or rate of a financial ... Read Full Answer >>
  3. Do lower interest rates increase investment spending?

    Lower Interest rates encourage additional investment spending, which gives the economy a boost in times of slow economic ... Read Full Answer >>
  4. Who decides when to print money in the US?

    The U.S. Treasury decides to print money in the United States as it owns and operates printing presses. However, the Federal ... Read Full Answer >>
  5. Why do some people claim the Federal Reserve is unconstitutional?

    The U.S. Constitution does not mention the need for a central bank, nor does it explicitly grant the government the power ... Read Full Answer >>
  6. What is the difference between legal liability and public liability?

    When you see the term "public liability" attached to a business, its products or its services, it refers to a specific type ... Read Full Answer >>
Hot Definitions
  1. Harry Potter Stock Index

    A collection of stocks from companies related to the "Harry Potter" series franchise. Created by StockPickr, this index seeks ...
  2. Liquidation Margin

    Liquidation margin refers to the value of all of the equity positions in a margin account. If an investor or trader holds ...
  3. Black Swan

    An event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult ...
  4. Inverted Yield Curve

    An interest rate environment in which long-term debt instruments have a lower yield than short-term debt instruments of the ...
  5. Socially Responsible Investment - SRI

    An investment that is considered socially responsible because of the nature of the business the company conducts. Common ...
Trading Center