Examlex
How do the warranty provisions under the CISG compare to the provisions of the UCC?
Lease Liability
An obligation representing the present value of leasing payments due under a lease agreement.
Current Portion
The portion of a long-term liability that is due to be paid within the next twelve months.
Lease Liability
A financial obligation that represents the present value of future lease payments under a non-cancelable lease.
Incremental Borrowing Rate
The interest rate a company would have to pay if it borrows money to finance a lease or purchase.
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