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.
Lease Noun Synonyms: rental agreement or contract, sublease, sublet
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
Business / Finance / Operating Profit: Another term for operating income. MORE
Business / Finance / Operating Profit (Or Loss): Revenue from a firm's regular activities less costs and expenses and before income deductions. MORE
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
Business / Accounting / Operating Lease: A simple rental agreement. MORE
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