Examlex
What is the process of analyzing data to extract information not offered by the raw data alone?
Amortized
Refers to the process of gradually writing off the initial cost of an asset over a period.
Capitalized
Expenses or costs that are recorded as an asset on a balance sheet rather than an expense, to be amortized or depreciated over time.
Financial Lease
A financial lease is a lease agreement where the lessee assumes both the ownership risks and rewards of the leased asset, typically for its useful life.
Operating Lease
A lease agreement allowing the use of an asset without ownership, typically with lower monthly payments and shorter terms than a capital lease.
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