Examlex
One disadvantage that results from the use of operational definitions is that
Short-term Lease
A leasing agreement that typically lasts for a relatively short period of time, usually less than a year.
Lessee
A person or entity that leases an asset from another, obtaining the right to use that asset in exchange for periodic lease payments.
Short Notice
A term indicating that something is happening or is required to happen with minimal warning or preparation time.
Financial Lease
A type of lease where the lessee essentially rents an asset for most of its useful life and the lease terms closely resemble the conditions of outright ownership.
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