Operating Lease

Business / Finance / Operating Lease: Short-term, cancelable lease. A type of lease in which the contact period is shorter than the life of the equipment, and the lessor pays all maintenance and servicing costs.

Other Words for Lease

Lease Noun Synonyms: rental agreement or contract, sublease, sublet
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Lease

Business / Accounting / Lease: A contract that specifies the terms under which the owner of an asset (the lessor) agrees to transfer the right to use the asset to another party (the lessee). MORE

Operating Profit

Business / Finance / Operating Profit: Another term for operating income. MORE

Operating Profit (Or Loss)

Business / Finance / Operating Profit (Or Loss): Revenue from a firm's regular activities less costs and expenses and before income deductions. MORE

Operating Performance Ratio

Business / Accounting / Operating Performance Ratio: An overall measure of the efficiency of operations during a period: computed by dividing net income by net sales. MORE

Operating Lease

Business / Accounting / Operating Lease: A simple rental agreement. MORE

Operating Leverage

Business / Accounting / Operating Leverage: The extent to which fixed costs are part of a company's cost structure: the higher the proportion of fixed costs, the faster income increases or decreases with sales volumes. MORE

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