leasing


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Lease

An agreement between two parties whereby one party allows the other to use his/her property for a certain period of time in exchange for a periodic fee. The property covered in a lease is usually real estate or equipment such as an automobile or machinery. There are two main kinds of leases. A capital lease is long-term and ownership of the asset transfers to the lessee at the end of the lease. An operating lease, on the other hand, is short-term and the lessor retains all rights of ownership at all times.

leasing

the hiring out by one firm (the lessor) of an ASSET such as a factory building, piece of machinery or vehicle to another firm (the lessee) in return for the payment of an agreed rental. The lessor retains the ownership of the asset concerned and will repossess the asset on the expiry of the contract, or beforehand should the client require a replacement. A leasing arrangement can be useful to a client company in so far as it enables it to employ assets without having to tie up large amounts of capital for long periods of time. See LEASE, LEASEBACK, OFF-BALANCE SHEET FINANCING, FINANCE HOUSE.

leasing

the purchase of an ASSET (mostly buildings, machinery and vehicles) by a leasing company which retains the ownership of the assets and which then hires out the item for use by clients who pay an agreed RENT. Leasing is a useful source of INVESTMENT insofar as it enables individuals or companies to use assets without having to tie up large amounts of capital. See LEASE, OFF-BALANCE SHEET FINANCING.
References in periodicals archive ?
To maximize the benefits of leasing, good cash flow management requires you to apply time value concepts to your receipts and disbursements of cash.
In contrast to leasing is the concept of the hunting resort, or shooting preserve as it is more traditionally called.
After an average of two to four years, Rashad says you have several leasing options: buy and keep it, buy and resell it at a profit, turn the car in and walk away, upgrade it (turn in a 1998 model and leave with a 2000 model), get a lease extension for up to six months, refinance the balance or release the balance.
More vehicle for the money: Just as leasing helps lower monthly payments, it can also help the customer drive a more upscale vehicle or one with more optional equipment for the same monthly payment as conventional financing.
Dale Mulartrick was Levin's leasing representative in both cases.
Given these advantages, how do you get the most financial leverage possible out of your leasing transactions?
Leasing Research International, while not affiliated with any vehicle manufacturer or dealer group, is one of the country's most respected marketing research organizations specializing in leasing.
Leasing transactions with SPEs can, in substance, give the lessee indirect control of the SPE lessor.
An extensive introductory section offers a forum for debate on current issues and trends, while a special report on leasing software and IT issues highlights the pace of technological change.
Another leasing and management assignment from SSR Really Advisors, Wall Towne Center is now fully leased.
The manual is an in-depth review of the entire leasing phenomenon and some of the other items explained in detail include learning how to negotiate a lease, learning the best time to lease, leasing without paying the first month's lease payment and leasing without paying a security deposit.