Walk away

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Walk away

To take and maintain a position in a stock after going to the floor to consummate a trade. Antithesis of trade me out, buy them back.

Walk Away

Describing a lease where the lessee must return the asset at the end of the lease's term. A walk away lease gives a great deal of flexibility to the lessee because the costs are all known in advance; likewise, the lessee does not need to predict the fair market value of the asset because he/she will not possess it. The lessor carries all risk. A walk away lease is most common with car loans. It is also called a closed-end lease.
References in periodicals archive ?
When the leased car is assumed to be purchased at the end of the lease, all of the cash flows from the purchase and open-end lease alternatives are certain, while the lease purchase option prices are uncertain for the closed-end leases.
To illustrate this procedure, data on guaranteed buy back and fair market value closed-end leases were obtained from a Honda dealership in the Greenville, South Carolina metropolitan area.
L] ($1,000s) for closed-end leases with guaranteed buy backs were collected from advertisements appearing in June 1993 issues of the Greenville News, The State, and The Wall Street Journal newspapers.
0] agree with the predictions of equation (5), so there is tentative support for the hypothesis that standard approaches for evaluating the buy versus lease decision are biased against closed-end leases with guaranteed buy backs.
is $15,000 by assumption for both the closed-end lease with a guaranteed buy back and for the open-end lease.