Sale of an existing asset to a financial institution that then leases it back to the user. Related: Lease.
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Break even lease payment
Break even lease payment The lease payment at which a party to a
prospective lease is indifferent between entering and not entering into a
lease arrangement.
Capital lease
Capital lease A lease obligation that has to be capitalized on the balance sheet.
Direct lease
Direct lease Contract in which a lessor purchases new equipment from the manufacturer and leases it to the lessee.