Lease: Difference between revisions
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A contract | 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. | 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. | |||
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* [[Assets]] | * [[Assets]] | ||
* [[Contract]] | * [[Contract]] | ||
* [[Contract hire]] | |||
* [[Contract purchase]] | |||
* [[Dry]] | |||
* [[Finance lease]] | * [[Finance lease]] | ||
* [[FLA]] | |||
* [[FMS]] | |||
* [[Freehold]] | |||
* [[Hire purchase]] | |||
* [[Ijara]] | |||
* [[Landlord]] | |||
* [[Leasehold]] | |||
* [[Lessee]] | * [[Lessee]] | ||
* [[Lessor]] | * [[Lessor]] | ||
* [[Licence]] | |||
* [[Operating lease]] | * [[Operating lease]] | ||
*[[Real estate]] | |||
* [[Sale and leaseback]] | * [[Sale and leaseback]] | ||
* [[Tenancy]] | |||
* [[Tenant]] | |||
* [[Tenure]] | |||
* [[Wet]] | |||
[[Category:Corporate_financial_management]] | |||
[[Category:Compliance_and_audit]] | |||
[ | [[Category:Treasury_operations_infrastructure]] | ||
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.
