Option Detail
Please find below Option Detail information.
| Name |
|---|
| 2975 - Operating lease |
| Definition |
|---|
| A lease agreement in which the lessee is not required to pay the full costs of equipment and financing by the end of the lease period. Instead, the lessee may buy the equipment for its residual fair market value, or return the equipment to the lessor; also called a true lease. |
|
|
 Back to Top
|
 Previous Page
|
