Business / Debt / Lease: A contract in which the legal owner of property or other asset agrees to another person using that property or asset in return for a regular specified payment (known as rent) over a set term. In addition to buildings, other items such as cars and computers are often leased in order to avoid capital costs in the running of a business.
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Business / Finance / Sale And Lease-Back: Sale of an existing asset to a financial institution that then leases it back to the user. Related: Lease. MORE
Business / Real Estate / Sublease: A lease given by a lessee for a portion of the leasehold interest, while the lessee retains some reversionary interest. The sublease may be for all or part of the premises, for the whole term or part MORE