Operating Lease
From Open Risk Manual
Revision as of 13:05, 31 May 2023 by Wiki admin (talk | contribs) (Created page with "== 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...")
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.
