Sales-type lease(redirected from Sales Type Leases)
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.
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