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Typeface or ________ refers to the physical design of letters, numbers, and other text characters.
Lease Expense
The cost incurred from leasing an asset, including both fixed payments and variable charges over the lease term.
Leveraged Lease
A lease agreement that involves a lessor financing the leased asset through borrowing, with the lease payments covering the loan repayments and providing profit.
Direct Financing Lease
A lease agreement where the lessor records the present value of lease payments as a receivable rather than as a sale or lease revenue.
Lessor
The party in a lease agreement that owns the leased asset and grants the lessee the right to use the asset in exchange for lease payments.
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