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Distinguish between saving and savings. How does investment relate to this distinction, if at all?
Periodic Cash Payments
Regular financial payments made over a stipulated period, such as dividends or loan repayments.
Depreciation Expense
Methodically spreading out the expense of a physical asset across its period of usability.
Capital Lease
A lease classified as a purchase by the lessee, whereby the lessee records the leased asset as an owned asset on the balance sheet.
Bargain Purchase Option
A lease agreement provision allowing the lessee to purchase the leased asset at a price significantly lower than its expected fair market value at the end of the lease term.
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