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Accounting Period
A period of time used for calculating financial performance, commonly a quarter (three months) or a year, during which all financial transactions are recorded and reported.
Lease Contract
A legal agreement between two parties where one party allows the other to use a property, equipment, or service for a specified period in exchange for payment.
Legally Owns
Possession of property, shares, or assets in accordance with the law, granting the owner the legal rights to use, sell, or modify the owned item.
Lessor
The owner of a property or asset that is leased or rented out to another party, known as the lessee.
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