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

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved