CD and Capital lease: Difference between pages
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A capital lease usually involves the lessee paying - over the life of the lease - the full cost of the asset plus a return on the finance effectively provided by the lessor. The lessee effectively retains substantially all the risks and rewards of ownership. | |||
But the lessee does not obtain legal title to the leased asset. | |||
Also known as a ''finance lease''. | |||
== See also == | == See also == | ||
* [[ | * [[Finance lease]] | ||
Revision as of 09:37, 22 June 2016
A capital lease usually involves the lessee paying - over the life of the lease - the full cost of the asset plus a return on the finance effectively provided by the lessor. The lessee effectively retains substantially all the risks and rewards of ownership. But the lessee does not obtain legal title to the leased asset.
Also known as a finance lease.
