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Katie has been squabbling with her fiancé about the details of their wedding. Thus, it would be a good idea for her to hire somebody to beat him up.
Tax-Oriented Lease
A leasing agreement structured to maximize tax benefits for the lessor, often by passing on tax advantages to the lessee in the form of lower lease payments.
Long-Term Commitment
A pledge or engagement to something for an extended period, often seen in investments or strategic plans.
International Accounting Standards
A set of accounting standards stating how particular types of transactions and other events should be reported in financial statements, established by the International Accounting Standards Board.
IAS 17
An International Accounting Standard that prescribes the accounting policies and disclosures applicable to leases for both lessees and lessors.
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