Accounting for Equipment Lease – Meaning, Treatment, and Example
An equipment Lease is a contract where an owner of the equipment allows another company or party to use that asset for a set… Read Article
Lease
Chattel Mortgage – Meaning, Features, Benefits, and More
The dictionary meaning of Chattel is a piece of personal property that is moveable and generally does not includes land and buildings. Therefore, Chattel… Read Article
Sublet vs Sublease
Sublet and Sublease are terms that we generally come across in rental or lease agreements. The two terms are often interchangeable; in reality, the… Read Article
Month-to-Month Lease – Meaning, Pros, Cons, and More
When we talk about a lease, it is usually for a certain number of years. However, a lease can also be concluded on a… Read Article
Graduated Lease
Generally speaking, when we talk about lease payments, this means a fixed amount as a lease rate. However, in the Graduated Lease, the payment… Read Article
Leveraged Lease – Meaning, Features, Example, and More
A Leveraged Lease is a lease arrangement that brings tax benefits to the lessor and lessee both. In this, the lessor borrows (full or… Read Article
Hell or High Water Clause – Meaning, How it Works and More
Hell or high water clause is a provision in a contract directing the buyer to continue making the payment to the seller. The buyer… Read Article
Leasehold Improvement GAAP
A Leasehold Improvement is the changes made to a rental property in order to meet the needs of a tenant. There can be various… Read Article
Types of Equipment Leases
Equipment leases usually provide an alternative way for businesses that don’t have enough money to purchase necessary equipment. Businesses lease various equipment ranging from… Read Article
Lease Payment
What is Lease Payment?Lease payment is a certain sum of money that a person pays at regular intervals of time for a leasing agreement.… Read Article
Prepaid Lease
Prepaid Lease is a type of leasing option available for tangible assets like property, plants, and equipment. The structure of this lease involves the… Read Article