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Lease Rate |
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Lease rate Lease Rate In a leasing agreement, the interest rate. For example, when one leases a car, the bank or leasing company buys the car from the dealer, and lends its use to the driver until he/she pays back the purchase price plus some extra money. The extra money is the interest or lease rate. It is presented as a very small number, say .00220. One arrives at this number by dividing the APR by 2400. In this case, .00220 is the equivalent of a 5.28% interest rate. It is also called the money factor or simply the factor. 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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The declining demand for office space and significant new supply over the last nine months has resulted in a notable drop in lease rates for Dubai's Freezones, according to a report by Fifth is Wells Fargo Plaza, also an Irvine holding and a popular one with a 96 percent lease rate as of Sept. ZAO "Kompomash-TEK" (defendant, lessee) the Moscow Arbitration Court supported the claim of the lessor and ordered the introduction of amendments to the lease contract and an increase in the annual rental lease rate pursuant to article 451of the CC RF (case № А40-80315/06-64-569). |
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