Examlex
Which type of reaction is 2Fe2O3+ 3C→ 4Fe+ 3CO2?
Financier Lessor
An entity engaged in the business of leasing out assets, typically providing the finance to purchase the asset which is then leased to the user.
Lease Receivable
An asset representing the right to receive future lease payments from lessees under lease agreements, reflecting the value of the asset leased out.
Operating Leases
Leases in which the lessee obtains the right to use an asset for a short period of time, without assuming the risks and rewards of ownership.
Initial Direct Costs
Expenses that are directly attributable to negotiating and arranging a lease, which are added to the carrying amount of the leased asset or deducted from the leasing income.
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