Sublease

A sublease is a rental agreement where the original lessee(tenant) rents out the premises to another person called the sub-tenant or sublessee. The new tenant gets few rights as …

Modified Gross Lease

Modified Gross Lease is a type of lease where the commercial tenant takes the responsibility of a few operating costs such as utilities, interior maintenance by either paying the …

Gross Lease

Gross Lease is the simplest form of a lease. In this format, the lessee agrees to pay the lessor a flat fee at a regular interval for instance monthly …

Ground Lease

A ground lease is the appropriate type of lease for the parties interested in transacting on land. Also known as a land lease, a ground lease is an agreement …

Triple Net Lease

Net Lease is an interesting area to understand due to various nuances falling under it. A net lease is one where the Lessee (the person borrowing the asset) pays …

Treasury Strips

Definition / Meaning Treasury strips, simply put, is stripping of a bond’s expected cash flow into individual bonds. Assume, there is a 5-year bond having a face value of …

Product Costing

Definition / Meaning Product costing is not an absolute term having a permanent definition. The definition of product costing varies with the purpose behind costing a product. A product …