Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does open-end lease mean?

SEARCHING
Suggestion/Report Error
open-end lease
Noun


A lease in which the lessee guarantees the lessor the difference between the residual value of the leased asset and the value realized from the asset's sale at lease termination, thus exposing the lessee to residual value risk.

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