Examlex
What explanation would you offer to the mother of a kindergartener who wonders why you allow her child to misspell so many words on writing drafts.
After-Tax Lease Payment
The lease payment amount remaining after deducting taxes applicable on it.
Borrowed Funds
Money obtained through loans or debt financing, which must be repaid with interest over time.
Tax Rate
The percentage at which an individual or corporation is taxed, which can vary depending on income levels and types of income or gains.
Leveraged Lease
A lease agreement wherein the lessor uses borrowed funds to acquire the asset that is then leased to the lessee, often with tax benefits.
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