Pure lease

An equipment Lease, usually for a Short term, in which the Lessee does not have any Purchase or renewal Option. also called true lease.

Related Terms: 7 Call, Lease, Lessee, Option, Purchase, Short, Term

Other Related Pages: Category: Lending_and_Credit Starting With: P

Additional Related Terms: 10-Q, Allowance for depreciation, All or any part, At call, All-risks coverage, Add-on service, As is, Attorney in fact, Amortization term, A shares