An agreement where the lessor receives lease payments to cover its ownership costs. The lessee is responsible for maintenance, insurance, and taxes. Some finance leases are conditional sales or hire p [..]

Essentially, the purchase of some asset by the buyer (lessee) that is directly financed by the seller (lessor).Synonyms: capital lease

An equipment-leasing arrangement that provides the lessee with a means of financing for the leased equipment; a common method for leasing motor carrier trailers.

see lease

An equipment-leasing arrangement that provides the lessee with a means of financing for the leased equipment; a common method for leasing motor carrier trailers.

The lessor receives lease payments to cover its ownership costs.  The lessee is responsible for maintenance, insurance, and taxes.

A finance lease, in a business sense, is typically a full-payout, non-cancellable agreement in which the customer is responsible for maintenance, taxes and insurance. However, the term "finance l [..]

A lease used to finance the purchase of equipment; not a true lease. Finance leases are generally considered to be capital leases from an accounting perspective and non-tax leases from a tax perspecti [..]

A method of financing the purchase of assets (buildings, plant, machinery, vehicles, etc.). The lessor (a finance company) purchases the asset and leases it to the lessee in return for rental payments covering the cost of acquisition of the asset, interest and any tax payable. At the end of the lease period the lessee has the option to acquire owne [..]

A commercial car finance product under which the financier purchases the vehicle on the customer's behalf, and then leases it back to them for a specified period of time.

Refers to a capital lease or non-tax lease of equipment. It is also often called a one-dollar buyout lease because qtitle to the equipment is passed to the lessee at lease end for $1.00, or other barg [..]

Equipment lease which requires the lessee to remit payment of the rentals which total the cost of the asset plus the lessors required profit. It is non-cancelable. It requires the lessee to pay all ta [..]

Finance lease refers to a financial arrangement used by a business to finance capital equipment. Generally, under a finance lease, the lessee negotiates directly with the supplier or manufacturer and [..]

See Capital Lease

This is an agreement whereby the lessee enjoys substantially all the risks and rewards associated with ownership of an asset other than legal title.

A form of vehicle leasing contract frequently offered to limited companies, smaller businesses and sole traders. Compared to contract hire agreements, finance leases offer a 100% tax deduction to qual [..]

A finance lease spreads the capital cost of vehicle acquisition over a pre-agreed period, when the vehicle reverts to the funding company. Any residual risks/rewards are reflected in a final “balloon” [..]

See open-end lease.

A lease that transfers substantially all the risks and rewards associated with ownership of an asset to the lessee. Title may or may not eventually be transferred.

1) General term applied to most types of equipment leases. Typically, a finance lease is a full-payout, non-cancelable agreement, and the lessee is responsible for maintenance, taxes, and insurance. F [..]

An equipment-leasing arrangement that provides the les with a means of financing for the leased equipment; a common method for leasing motor carrier trailers. Finished Goods Inventory (FG or FGI):

An agreement where the lessor receives lease payments to cover its ownership costs. The lessee is responsible for maintenance, insurance, and taxes. Some finance leases are conditional sales or hire p [..]