equipment lease

equipment lease
equipment lease equipment lease lease2

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equipment lease UK US noun [C] FINANCE
a financial arrangement in which an organization lends equipment to a company for a specific period of time in return for regular payments: »

I fell into arrears on my office equipment lease and my rent for the office.

Financial and business terms. 2012.

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Look at other dictionaries:

  • equipment lease — A lease is granted by the owner of property or equipment to allow a person to have a possession of and use it for a fixed period in return for a periodic rental payment. The leasing cost is the total rental price over the period of the lease and… …   Law dictionary

  • Equipment lease assignment — Equipment Lease Agreements typically contain language prohibiting the Lessee from assigning the lease to a third party. For example, YOU HAVE NO RIGHT TO SELL, TRANSFER, ASSIGN, SUBLEASE, OR ENCUMBER THE EQUIPMENT OR THIS AGREEMENT protects the… …   Wikipedia

  • lease — a legal contract covering the possession and use of property, plant or equipment between the owner ( lessor) and another person ( lessee) at a given rent, for a stated length of time. Glossary of Business Terms A contract providing for the use of …   Financial and business terms

  • Lease — A long term rental agreement, and a form of secured long term debt. The New York Times Financial Glossary * * * ▪ I. lease lease 1 [liːs] verb [transitive] COMMERCE 1. if you lease something to someone, you give them the right to use it for a… …   Financial and business terms

  • lease — 1 / lēs/ n [Anglo French les, from lesser to grant by lease, from Old French laisser to let go, from Latin laxare to loosen, from laxus slack] 1 a: a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment… …   Law dictionary

  • lease — /li:s/ noun 1. a written contract for letting or renting a building, a piece of land or a piece of equipment for a period against payment of a fee ● to rent office space on a twenty year lease ♦ the lease expires next year or the lease runs out… …   Dictionary of banking and finance

  • lease — I UK [liːs] / US [lɪs] noun [countable] Word forms lease : singular lease plural leases ** a legal contract in which you agree to pay to use someone else s building, land, or equipment for a specific period of time • a new lease of life II UK… …   English dictionary

  • equipment trust certificates — A common type of secured corporate bond. For these bonds, a collateral interest in equipment or machinery provides extra protection for bond holders. In most cases, the equipment that is pledged to secure the bonds is equipment or machinery that… …   Financial and business terms

  • lease — lease1 [ lis ] noun count ** a legal contract in which you agree to pay to use someone else s building, land, or equipment for a specific period of time a new lease on life 1. ) new energy and enthusiasm or better health: Taking up golf in his… …   Usage of the words and phrases in modern English

  • lease — 1 noun (C) 1 a legal agreement which allows you to use a car, building etc for a period of time, in return for rent: take out a lease (=sign a lease so that you can rent something): We ve taken out a lease on an office building. 2 a new lease of… …   Longman dictionary of contemporary English

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