Examlex
An implicit cursor is automatically created in procedural SQL when the SQL statement returns only one value.
Tax-Oriented Lease
A financial lease in which the lessor is the owner for tax purposes. Also called a true lease or a tax lease.
Lessor
The party who rents or leases a property or asset to another party, known as the lessee.
Financial Lease
A lease agreement where the lessee assumes most of the risks and rewards of ownership, often with an option to purchase the asset at the end of the lease term.
Operating Lease
A lease agreement allowing a company to use an asset without owning it, typically with shorter terms than a finance lease.
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