What is meant by Lease?

Answer Posted / vandana gupta

An agreement in which one party gains a long-term rental
agreement, and the other party receives a form of secured
long-term debt.

Is This Answer Correct ?    2 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What Are The Types Of Risks?

691


What Documents Do I Need To File In A Chapter 7 Case?

655


What is Belgaum issue?

659


What are the characteristics of derivatives?

694


Why do you want to change your field?

679






How will you define the mixed economy?

724


What is the general format for corporate Guarantee for taking advance?

4473


How is trial balance different from balance sheet?

625


Which government started the LPG policy in India?

622


Dealer management in the automoblie company?explain?

1648


What is a cash flow statement? How is it different from a funds flow statement?

643


What is capitalization?

637


What is 'appropriation bill'?

621


What is Basel I?

750


What do you understand by excise duty?

777