Tag: lease

What is 'Abandonment Value' The value of a project or asset if it were immediately liquidated or sold. The abandonment value of...

What is 'Abandon Rate' Abandon rate in call center The percentage of inbound phone calls made to a call center or service desk that are abandoned...

What is 'Backup Withholding' Backup withholding is the tax that is levied on investment income, at an established tax rate, as the investor withdraws it....

Joint and Several Liability in Business In most common law legal systems, two or more people can be jointly liable for a single liability. Joint...

What is 'Lease Balance' The amount of money that a customer owes under the terms of a vehicle lease contract. The lease...

When it comes to buying a home, there are many different options available to you. One of those options is the land lease option....

What is 'Lease Payments' A line item under long-term debt on a balance sheet that indicates the value of future lease payments...

What is 'Last-Sale Reporting' An electronic entry, to the Nasdaq stock market, of the amount and price of shares involved in a...

What is 'Lady Godiva Accounting Principles - LGAP' A theoretical set of accounting principles under which corporations would have to fully disclose...

DefinitionA lease option is a type of contract used in both residential and commercial real estate. In a lease-option, a property owner and tenant...