Leasea lease is a contractual arrangement allowing one, Ask an Expert

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Lease

A lease is a contractual arrangement allowing one party the use of some exact assets for a specific times period in exchange for a payment it is same as a rental arrangement. The lease is the party that receives the use of assets under a lease, and the leaser is the party that conveys the use of the recourses. An operating lease is commonly a short-term cancelable arrangement that is a financial (or capital) lease is a long- term non cancelable arrangement.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M9512101

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