Lease term

Lease term

The life of a lease, including any renewal options.

Lease Term

The interval between the time a lease goes into effect and its expiration. This applies to both open-end leases and close-end leases. For example, one may rent an apartment (usually open-end) with a 12 month lease term, or one may lease a car (generally close-end) with a five year lease term. The lease term may or may not be renewed, depending on the type of lease and the agreement between the parties.
References in periodicals archive ?
The lessee will treat lease payments as a combination reduction of its lease liability + interest expense, while amortizing the intangible asset itself as expense over the lease term.
Barnes & Noble College Booksellers expanded their lease to 81,054 square feet and extended the lease term.
1 The lease transfers ownership of the property to the lessee by the end of the lease term.
Leasehold improvements placed in service (or contemplated) at or near the beginning of the lease term are generally amortized on a straight-line basis over the shorter of the estimated useful life of the assets or the lease term.
3 million per year in rent during the initial lease term.
When you're paying cash, or would be satisfied keeping the equipment far beyond a normal lease term.
The initial lease payments under the initial S term equaled the loan's debt service; thus, the ruling did not mention any free cash-flow to X during the base lease term.
If the transaction allows for a renewal at the end of the original lease term, the renewal rate must be set at a fair rental value.
First, a lease is not a section 467 rental agreement if it specifies equal amounts of rent for each month throughout the lease term and all rent payments are due in the calendar year to which the rent relates (or the preceding or succeeding calendar year).
Factors that may affect capitalization rates are the lease term, options in the lease, rent steps in the lease, and the beta of the tenant's stock.
It is misleading to capitalize the minimum lease payments of true lease small-ticket assets with a short lease term that may be replaced by a new lease again and again.
One set of restatements appears to have resulted from companies amortizing leasehold improvements over a period exceeding the lease term of the property containing the leasehold improvements.