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In a product-oriented approach to assessing human movement the focus would be placed on the outcome of the movement.
Capital Lease
A lease agreement that grants a lessee control over an asset for a substantial portion of its useful life, and is recorded as an asset and liability on the balance sheet.
Lease Rate
The amount charged under a lease agreement for the use of an asset, often expressed as a payment amount per period.
Sales-Type Capital Lease
A leasing agreement in which the lessor recognizes immediate sales revenue and profit, reflecting the transaction as a sale rather than a rental.
Operating Lease
A lease agreement allowing the use of an asset but does not convey rights similar to ownership of the asset.
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