Difference between revisions of "Operating Lease"
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== Definition == | == Definition == | ||
'''Operating Lease''' is a lease that does not transfer the risks and rewards of ownership to the lessee and is not recorded as an asset in the balance sheet of the lessee. Leases other than operating leases are capital/financial/finance leases. | '''Operating Lease''' is a lease that does not transfer the risks and rewards of ownership to the lessee and is not recorded as an asset in the balance sheet of the lessee. Leases other than operating leases are capital/financial/finance leases. | ||
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| + | == See Also == | ||
| + | * [[Finance Lease]] | ||
[[Category:Accounting]] | [[Category:Accounting]] | ||
[[Category:Financial Product]] | [[Category:Financial Product]] | ||
Latest revision as of 14:13, 31 May 2023
Definition
Operating Lease is a lease that does not transfer the risks and rewards of ownership to the lessee and is not recorded as an asset in the balance sheet of the lessee. Leases other than operating leases are capital/financial/finance leases.
