Option Detail
Please find below Option Detail information.
| Name |
|---|
| 2973 - Capital lease |
| Definition |
|---|
| A lease agreement in which all costs of the equipment and financing are paid in equal installments during the lease period. At the end of the period, the lessee can purchase the equipment at a nominal value (often $1.00); also called a financing lease or a lease-purchase agreement. |
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