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When using an observational technique known as behaviour assessment, psychologists
Minimum Operating Lease Payments
The minimum amount that a lessee is obligated to pay over the lease term for the right to use an underlying asset, excluding costs such as maintenance and taxes that are paid by the lessee.
Sales-Type Lease
A lease agreement in which the lessor recognizes immediate profit on the leased asset, as if it were sold, typically used in capital leasing.
Operating Lease
A contract allowing the use of an asset without transferring ownership rights, typically with shorter terms than a finance lease.
Implicit Interest Rate
This reflects the cost of borrowing, calculated from the lease terms, used to measure the present value of lease payments.
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