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