Examlex
Any element that is essential for life is a/an
Legal
Pertaining to the law or the legal system, encompassing various legal matters, processes, and institutions.
Direct Financing Lease
A leasing arrangement where the lessor purchases an asset and leases it to the lessee, effectively acting as a financier by not transferring ownership.
Operating Lease
An agreement permitting the utilization of a property without transferring ownership rights to it.
Lessor
The party in a lease agreement that owns the asset and grants the lessee the right to use the asset in return for lease payments.
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