Examlex
A fluorescent light source emits light as a result of high temperature.
Down Payments
Initial payments made when purchasing costly items on credit, representing a fraction of the purchase price.
Lessees
Individuals or entities that obtain the right to use and control a leased asset for a specified period in exchange for payment to the lessor.
Borrow Money
The act of obtaining funds from another party with the promise to return the principal amount along with agreed upon interest.
Lease Financing
Lease financing refers to the use of a lease agreement to allow the lessee to use an asset without purchasing it, while the lessor retains ownership.
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