Operating Lease

Financial Definition of Operating Lease

Meaning of Operating Lease

Short-term, cancelable lease. A type of lease in which the period of contract is less than the life of the equipment and the lessor pays all maintenance and servicing costs.

Related Entries of Operating Lease in the Encyclopedia of Law Project

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Operating Lease in Historical Law

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Legal Abbreviations and Acronyms

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Related topics Operating Lease in the World Encyclopedia of Law

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