incremental borrowing rate
Noun
The rate of interest that a lessee would have to pay on a similar lease or, if this is not determinable, would incur to borrow the funds required to purchase the asset over the same term and with similar security.
The rate of interest that a lessee would have to pay on a similar lease or, if this is not determinable, would incur to borrow the funds required to purchase the asset over the same term and with similar security.
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