Examlex
What is an example of an item produced by pultrusion?
Sales-type Lease
A lease agreement in which the lessor effectively transfers ownership and all risks and rewards of the asset to the lessee, resulting in immediate profit recognition.
Guaranteed Residual Value
The pre-determined value at which a leased asset is guaranteed to be worth at the end of the lease term, important for lease agreements.
Contingent Rentals
Lease payments that are not fixed but are instead based on the occurrence of a certain event or situation.
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