Examlex
A numerical measure of linear association between two variables is the
Break-Even Lease Payment
The lease payment amount at which the cost of leasing equals the cost of purchasing the asset.
Financing Rate
The interest rate charged by lenders for borrowing money or the cost of obtaining finance.
CCA Class
In the context of tax regulations, CCA Class (Capital Cost Allowance Class) pertains to categories defined by tax authorities for depreciating tangible property over its useful life for tax purposes.
Net Advantage to Leasing
The benefit that arises from leasing an asset rather than purchasing it, considering factors like tax advantages and cash flow.
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