Durability and Lease: Difference between pages

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imported>Doug Williamson
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''Pensions''.   
A contract whereby the owner of an asset (the lessor) offers 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.


A pensions funding method is considered durable if the contribution rate remains stable if a major event occurs.  (For example the closure of a scheme to new entrants.) 


Durability is considered a desirable characteristic.
== See also ==
* [[Assets]]
* [[Contract]]
* [[Finance lease]]
* [[Lessee]]
* [[Lessor]]
* [[Operating lease]]
* [[Sale and leaseback]]
 
 
==Other links==
*[http://www.treasurers.org/node/5745 Leasing, Will Spinney, ACT 2010]
*[http://www.treasurers.org/node/8924 Students: A lesson on leases, The Treasurer, April 2013]


== See also ==
[[Category:Capital_Markets_and_Funding]]
* [[Funding method]]

Revision as of 06:06, 4 October 2013

A contract whereby the owner of an asset (the lessor) offers 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.


See also


Other links