Tag: leasing

When your lease is up, you might be wondering how much it will cost to renew. After all, you don't want any nasty surprises...

What is a Keepwell Agreement A Keepwell Agreement is a contract between a parent company and its subsidiary stating that the subsidiary will not be...

What is Heavy Industry Heavy industry is a category of manufacturing that involves the production of large, bulky products such as cars, trains, ships, and...

DefinitionA lease is a contractual arrangement calling for the to pay the lessor for use of an asset. Property, buildings and vehicles are common...

What is 'Sandwich Lease' A lease in which a party rents property from the property owner and then subsequently leases it out...

Definition Vendor finance is a form of lending in which a company lends money to be used by the borrower to buy the vendor's products...

What is a Fair Market Value Purchase Option A Fair Market Value Purchase Option is an agreement between a buyer and a seller that gives...

What is 'Walk-Away Lease' A common type of car lease in which the lessee returns the car at the end of the...

Definition A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns...

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