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Discount Rate
The interest rate used in discounted cash flow analysis to determine the present value of future cash flows.
Operating Lease
A rental agreement allowing a company to use an asset without owning it, typically involving shorter terms and cancellable by the lessee.
Short-term Lease
A leasing agreement that typically lasts for a relatively short period of time, usually less than a year.
Lessee
A person or entity that leases an asset from another, obtaining the right to use that asset in exchange for periodic lease payments.
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