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Finance Lease |
Also found in: Wikipedia | 0.01 sec. |
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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. Finance Lease A lease agreement in which rent the lessor receives is equal to what he/she owes on the mortgage for the property. For example, if the debt service for a house is $1,000, then the lessor rents the house for $1,000 per month. Additionally, the lessee is responsible for paying all taxes and for maintaining the property. A finance lease is often a step toward the lessee purchasing the property. It is also called a capital lease. See also: Rent-to-own. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Provides segmentation of fleet by finance type -- operational leasing, finance leasing and fleet management. Provides segmentation of fleet by finance type - operational leasing, finance leasing and fleet management. Provides segmentation of fleet by finance type - operational leasing, finance leasing and fleet management. |
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