Professional Documents
Culture Documents
Richa Gupta
MEANING OF LEASING
It may be defined as a contractual agreement/ transactions in
which a party owing an asset or equipment (lessor) provides the
asset for use to another/ transfer the right to use the equipment to
the user (lessee) over a certain/ agreed period of time for
consideration in form of/ in return for periodic payment (rentals)
with or without a further payment (premium).
Lease Decision
Lease Agreement
6. Right to Buy the Here the lessee has no The hirer has right to
goods right to buy the goods buy the goods at the end
of the period
TYPES OF LEASING
1. OPERATING LEASE
2. FINANCIAL LEASE
3. LEVERAGED LEASE
OPERATING OR SERVICE LEASE