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Finance Lease

   Also found in: Wikipedia 0.06 sec.
Finance Lease
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.

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A second lawsuit accuses Resource Waste Services of trespassing and dumping trash on property owned by TXI Operations, while a third accuses the company of neglecting to fully pay off two finance lease agreements dating back to 1997, according to the StarTelegram.
[2] Capital Lease-typically, called a finance lease, this type is an asset-and-liability issue and the lease typically has a bargain purchase option of $1.
Dealers wanting information about industrial finance lease and insurance products can contact NFL at 888-337-1550 or 314-317-1600.
 
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