Lease: Difference between revisions
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imported>Doug Williamson (Add links.) |
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* [[Licence]] | * [[Licence]] | ||
* [[Operating lease]] | * [[Operating lease]] | ||
*[[Real estate]] | |||
* [[Sale and leaseback]] | * [[Sale and leaseback]] | ||
* [[Tenancy]] | * [[Tenancy]] |
Latest revision as of 10:32, 16 July 2022
A contract for the owner of an asset (the lessor) to offer rights to use the asset to another party (the lessee) for a certain period.
In return, the lessee makes payments of pre-determined amounts to the lessor.
For example, if we lease a vehicle for a monthly payment we are entitled to use it.
But we are not the owner of the vehicle.