True Lease: For a security such as commercial paper that is sold on a discount basis, true interest cost is the coupon rate required to provide an identical return assuming a coupon-bearing instrument of like maturity that pays interest in arrears.

 

Related Words

True Lease: For a security such as commercial paper that is sold on a discount basis, true interest cost is the coupon rate required to provide an identical return assuming a coupon-bearing instrument o . . . View Full Definition

Release Agreement: A type of legal written document executed by an employer and signed by an employee whereby the employee relinquishes certain rights in exchange for some form of consideration, such as a bene . . . View Full Definition

Release: (1) When spoken by someone involved in developing a game: Code release (game is declared final and is sent off for manufacturing). (2) When spoken by someone in Marketing or the media: Ship . . . View Full Definition

Reichian Release: This technique utilizes manipulation of the musculo-skeletal system to release emotional blockages from the body. It was established from the works of Wilhelm Reich, an Austrian psychoanalyst.

Release Clause: A provision found in many blanket mortgages enabling the mortgagor, upon payment of a specific sum of money, to obtain a partial release of particular portions or parcels of the collateral.

Release Deed: A document, also known as a deed of reconveyance, that transfers all rights given a trustee under a deed of trust loan back to the grantor after the loan has been fully repaid.

Sale-Leaseback: In a sale-leaseback arrangement — also known as a leaseback — an owner sells his or her property, and then immediately leases it back from the buyer as part of the same transaction. This way . . . View Full Definition

Sale And Lease-Back: Sale of an existing asset to a financial institution that then leases it back to the user. Related: Lease.

Safe Harbor Lease: A lease to transfer tax benefits of ownership (depreciation and debt tax shield) from the lessee, if the lessee could not use them, to a lessor that could use them.

Release Of Liability: The release of an old borrower from further responsibility for repayment of an assumed loan.