financial lease

Financial lease

Capital Lease

A long-term lease in which the lessee must record the leased item as an asset on his/her balance sheet and record the present value of the lease payments as debt. Additionally, the lessor must record the lease as a sale on his/her own balance sheet. A capital lease may last for several years and is not callable. It is treated as a sale for tax purposes. It is also called a financial lease.

financial lease

References in periodicals archive ?
Tenders are invited for supply & maintenance of a0 printer with online folder and consumables for bhel, trichy on financial lease basis for a period of 5 years.
In practice, a Financial Lease comes into play when one party (who will be the lessee) desires to make use of machinery and equipment needed for the exercise of their business, or when they need to modernize the equipment they already posses while not having the money necessary to purchase such equipment.
Reference: LLC "Financial Company for Support and Development of Credit Unions" is engaged in providing loans to credit unions, including financial leasing, forfeiting and factoring, in terms of maturity, repayment and payment of their own funds, as well as borrowing from financial institutions and government of Kyrgyzstan; conducts operations in the financial lease with members of credit unions of Kyrgyzstan with the obligatory participation of credit unions in the financing of operations on financial lease.
The package also includes approval of registration applications for ledger books and is compatible with the tax revisions for financial lease bookkeeping (for the fiscal year 2007) as required by the Japanese tax system.
A financial lease is a long-term lease in which the present value of the stream of payments at the inception of the lease approximates the market value of the asset; such a lease is essentially similar to the purchase of the asset using credit.
Request for quotations : financial lease (leasing) for the acquisition of the all-metal sobol business 2752-777 van manufactured by oao gaz
However, the Yarmouth Report suggests that the underlying financial lease terms need to be adapted so that their economic worth to an institutional investor can be more readily quantified and analyzed on a standardized basis.
Request for quotations : financial lease (leasing) service with the right of subsequent purchase of a forest-harvester belarus-sampo mlh-46 machine
Request for quotations : purchase of financial lease (leasing) services with the subsequent right to purchase equipment of a boiler house with a hot-water boiler kmt-1000 (heat output 1000 kw)
Request for quotations : purchase of the right to conclude a contract of financial lease (leasing) of motor vehicles (tank truck with tank trailer) for the transportation of light oil products, in accordance with the requirements of adr / class 3
Request for quotations : purchase of the choice of the performer of financial lease (leasing) of vehicles
Request for quotations : financial lease (leasing) services of a new (not used) passenger-wheel-drive four-wheel drive vehicle with a five-seater cabin, geely atlas.

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