Lease
An agreement in which one party gains a long-term rental agreement, and the other party receives a form of secured long-term debt. Investopedia Says:
The lessee gains a long-term contract for the use of an asset, and the lessor is assured of regular payments for a specified number of years. Related Terms:
Alligator Property
Capital Lease
Capitalized Lease Method
Graduated Lease
Leaseback
Lessee
Lessor
Operating Lease
Synthetic Lease
Triple Net Lease |