Examlex
The abbreviation NPO represents which one of the following?
Lease Term
The period for which a lease agreement is effective, specifying the duration for which the lessee has the right to use the property.
Lessee's Debt
Refers to obligations or debts that a lessee must fulfill according to the lease agreement terms, often concerning leased assets.
Significant Penalty
A substantial fine or punishment imposed on individuals or entities for violating laws or regulations.
Off-Balance-Sheet Financing
Financing not recorded on the company's balance sheet that may involve leases or the creation of separate entities.
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