Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does lease assignment mean?

SEARCHING
Suggestion/Report Error
lease assignment
Noun


The transfer of a lessor’s beneficial rights in a lease and the leased asset (i.e., monthly lease payments and proceeds from the sale or other disposition of the asset) to a funder in exchange for upfront cash funds, where the obligor under the lease (lessee) is bound to perform in relation to the assigned rights.

top
© 2015-2024 Pecunica LLC.  All rights reserved.
;