Examlex
Match each definition to a term from the list below.
-Are stereoisomers that are not mirror images.
Operating Lease
A lease arrangement in which the lessee has the right to use an asset for a short portion of its useful life, and the lease does not meet the criteria to be recognized as a capital lease.
Capital Lease
A type of lease classified as a financial transaction where the lessee records the leased asset as their own property in their financial statements.
Interest Revenue
Income earned by a company for lending its money or other assets to another entity.
Sales-Type Lease
A sales-type lease is a financing arrangement where the lessor recognizes immediate profit on the assets leased, similar to a sale.
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