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Counterbalancing involves:
Sale and Leaseback Arrangement
A financial transaction where one sells an asset and leases it back for the long term; thus, one continues to use the asset but no longer owns it.
Lessee
An individual or entity that leases or rents an asset from its owner, known as the lessor.
Captive Finance Company
Wholly owned subsidiary that handles credit extension and receivables financing through commercial paper.
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