Examlex
________ results in the suppliers becoming de facto subsidiaries to their major customers.
Insurance
Insurance is a financial product that provides protection against potential future losses or damages in exchange for a premium payment.
Tax-Oriented Lease
A lease structured in such a way that the lessor can claim tax benefits, such as depreciation and tax credits.
Financial Lease
A type of lease where the lessee pays for an asset over a period of time, and at the end of the lease term the asset typically becomes the lessee's property.
Lessor
The entity in a lease agreement that possesses the asset and allows the lessee to utilize the asset in return for payments of rent.
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