Examlex
Needs assessments identify employees' learning needs and should never be used to determine which employees shouldn't attend training.
Asset-Based Loan
An asset-based loan is a type of lending, often secured by a company's assets, where the loan amount is based on a percentage of the value of those assets.
Operating Lease
A contract that allows for the use of an asset but does not convey ownership rights of the asset to the lessee.
Risk Of Obsolescence
The risk that a product or service becomes outdated and undesired due to new technologies or changes in consumer preferences.
Lessor
The party in a lease agreement who owns the property and grants another party, the lessee, the right to use it for a specific period in exchange for payment.
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