Examlex
This policy entrepreneur's book Unsafe at Any Speed: The Designed-In Dangers of the American Automobile led to new regulations on the safety of automobiles.
Financial Lease
A long-term lease agreement where the lessee assumes the risks and rewards of ownership, often with the option to purchase the asset at the end of the lease term.
Lessor
A person or entity that owns an asset and leases it to another party (lessee) under a lease agreement.
Lessee
The party in a lease agreement who has the right to use the property, plant, or equipment leased from the lessor for a specified period.
Sale and Leaseback
A financial transaction where the owner sells an asset and immediately leases it back from the buyer, often used in real estate.
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