Examlex
What are administrative agencies? What are the two types of administrative agencies?
Operating Lease
A leasing agreement allowing a lessee to use an asset without owning it, typically with shorter terms than a capital lease.
Ownership
The legal right or interest in something, often involving assets like property, businesses, or investments.
Contract Rate
The agreed-upon interest rate specified in a contract, such as in loans, leases, or bonds.
Market Rate
The prevailing interest rate available in the marketplace for securities of similar risk and maturity to a bond.
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