Difference between revisions of "Leasing"

From Open Risk Manual
(No difference)

Revision as of 00:11, 28 January 2020

Definition

Leasing is the act of entering into a Contract whereby the lessee (user) pays the lessor (owner) for use of an asset.[1] Property, buildings and vehicles are common assets that are leased. Industrial or business equipment is also leased.

See Also