Meaning Fixed Purchase Option
What does Fixed Purchase Option mean? Here you find 2 meanings of the word Fixed Purchase Option. You can also add a definition of Fixed Purchase Option yourself
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Fixed Purchase OptionAn option given to the lessee to purchase the leased equipment from the lessor on the option date for a guaranteed price. Both the date and the price must be determined at the inception of the lease. [..]
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Fixed Purchase OptionAbility to purchase the equipment at the end of the equipment lease term for a fixed percent of the original purchase cost. A typical fixed purchase option is 10% of the original purchase cost.
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