2 TermsHome > Terms > English, UK (UE) > lease term
lease term
The non-cancellable period for which the lessee has contracted to lease the asset together with any further terms for which the lessee has the option to continue to lease the asset, with or without further payment, when at the inception of the lease it is reasonably certain that the lessee will exercise the option.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Accountancy
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
DNA hard drive
A digital storage device that is capable of storing huge amounts of data using the same method evolved by nature to write and read computer data. The ...
Contributor
Featured blossaries
Browers Terms By Category
- Yachting(31)
- Ship parts(4)
- Boat rentals(2)
- General sailing(1)
Sailing(38) Terms
- Rice science(2869)
- Genetic engineering(2618)
- General agriculture(2596)
- Agricultural programs & laws(1482)
- Animal feed(538)
- Dairy science(179)
Agriculture(10727) Terms
- Biochemistry(4818)
- Molecular biology(4701)
- Microbiology(1476)
- Ecology(1425)
- Toxicology(1415)
- Cell biology(1236)
Biology(22133) Terms
- Fiction(910)
- General literature(746)
- Poetry(598)
- Chilldren's literature(212)
- Bestsellers(135)
- Novels(127)
Literature(3109) Terms
- Cooking(3691)
- Fish, poultry, & meat(288)
- Spices(36)