Rental lease

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Rental lease

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Rental Lease

A lease whereby the lessee pays a certain amount of rent in exchange for use of a property; in exchange, the lessor agrees to provide maintenance and insurance for the property. It is also called a full-service lease.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
A principal difference in contract shop selection responsibility was found between subfleets that were under full service leases as opposed to those of shipper-owned cars or cars on finance leases.
Where full service leases were present, leasing companies collected and reported costs on a per car, per car type, per product, or geographically assigned subfleets.
Here, trucking firms opt for full service leases (either short-term or bilateral) over unified governance.