Sales-type lease

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Sales-type lease

The leasing out of a firm's own equipment, such as a printing company leasing its own presses, thereby competing with an independent leasing company.

Sales-Type Lease

A lease whereby a company rents its own assets that it needs to run its business. For example, an automobile factory may lease its machinery to another factory.
References in periodicals archive ?
We can now assume that the capital lease is a sales type lease for the lessor.
For the lessor, a capital lease is broken down into two further categories; a sales type lease or a direct financing lease.