Examlex
A complex sentence consists of
Leveraged Lease
A lease agreement that involves a lessor financing the leased asset through borrowing, with the lease payments covering the loan repayments and providing profit.
Direct Financing Lease
A lease agreement where the lessor records the present value of lease payments as a receivable rather than as a sale or lease revenue.
Lessor
The party in a lease agreement that owns the leased asset and grants the lessee the right to use the asset in exchange for lease payments.
Capital Lease
A lease agreement that grants the lessee ownership rights of the asset at the end of the lease term.
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