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Lessor's Income Recognition
The process by which lessors report income earned from leasing out assets, typically recognized over the lease term.
Operating Lease
A lease arrangement in which the lessee has the right to use an asset for a short portion of its useful life, and the lease does not meet the criteria to be recognized as a capital lease.
Capital Lease
A type of lease classified as a financial transaction where the lessee records the leased asset as their own property in their financial statements.
Interest Revenue
Income earned by a company for lending its money or other assets to another entity.
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