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Capital Lease
(redirected from Capital Leases)

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Capital lease
A lease obligation that has to be capitalized on the balance sheet.
Capital Lease
A long-term lease in which the lessee must record the leased item as an asset on his/her balance sheet and record the present value of the lease payments as debt. Additionally, the lessor must record the lease as a sale on his/her own balance sheet. A capital lease may last for several years and is not callable. It is treated as a sale for tax purposes. It is also called a financial lease.
capital lease
The long-term lease of a capital asset. To the lessee, a capital lease is the same as owning the asset. Accounting rules require that the leased asset and the present value of the lease payments be recorded on the lessee's balance sheet. For the lessor, a capital lease is treated as a sale of the asset. Also called financial lease.
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In return DHL will assume financial responsibility, retroactive to 31 January 2009, for ABX Air's obligations under capital leases for five Boeing 767-200PC aircraft that are currently used on DHL's US network.
ATSG subsidiary ABX Air and DHL complete lease agreement by Airline Industry Information
Capital Leases and Operating Leases The Financial Accounting Standards Board (FASB) states, "Capital leases are treated as the acquisition of assets and the incurrence of obligations by the lessee.
Maximizing Profits with a Synthetic Lease by Dorsey, Thomas A. / Appraisal Journal
Leases With Bargain Purchase Options Last month we discussed the difference between operating leases and capital leases.
Leases with bargain purchase options by Schwartz, Marlyn A. / The National Public Accountant
 
 
 
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