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Financial Terms | |
Double-dip lease |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
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Definition of Double-dip leaseDouble-dip leaseA cross-border lease in which the disparate rules of the lessor's and lessee's countries let
Related Terms:Accounting and Auditing Enforcement Release (AAER)Administrative proceedings or litigation releases that entail an accounting or auditing-related violation of the securities laws. Break-even lease paymentThe lease payment at which a party to a prospective lease is indifferent between Capital leaseA lease obligation that has to be capitalized on the balance sheet. Capital leaseA lease in which the lessee obtains some ownership rights over the asset Capital LeaseOne where substantially all of the benefits and risks of ownership are transferred to the lessee. It must be reflected on the company's balance sheet as an asset and corresponding liability. Cost of lease financingA lease's internal rate of return. Direct leaselease in which the lessor purchases new equipment from the manufacturer and leases it to the ![]() Double-declining-balance depreciationMethod of accelerated depreciation. Double entryThe system of recording business transactions in two accounts. double-entry accountingSee accrual-basis accounting. Double-tax agreementAgreement between two countries that taxes paid abroad can be offset against Financial leaseLong-term, non-cancelable lease. Financial Leaselease in which the service provided by the lessor to the lessee is limited to financing equipment. All other responsibilities related to the possession of equipment, such as maintenance, insurance, and taxes, are borne by the lessee. A financial lease is usually noncancellable and is fully paid out amortized over its term. Full-payout leaseSee: financial lease. Full-service leaseAlso called rental lease. lease in which the lessor promises to maintain and insure the LeaseA long-term rental agreement, and a form of secured long-term debt. ![]() leaseLong-term rental agreement. Lease (Credit Insurance)Contract granting use of real estate, equipment or other fixed assets for a specified period of time in exchange for payment. The owner or a leased property is the lessor and the user the lessee. Lease PaymentThe consideration paid by the lessee to the lessor in exchange for the use of the leased equipment/property. Payments are usually made at fixed intervals. Lease RateThe payment per period stated in a lease contract. Lease RateThe payment per period stated in a lease contract. Leasehold improvementThis is any upgrade to leased property by a lessee that will be Leasehold improvementsThe cost of improvements made to property that the company leases. Leveraged leaseA lease arrangement under which the lessor borrows a large proportion of the funds needed LIFO DippingReducing LIFO inventory quantities and, as a result, including older and lower Limitation on sale-and-leasebackA bond covenant that restricts in some way a firm's ability to enter into Litigation ReleaseOfficial SEC record of a settlement or a hearing scheduled before a civil ![]() Net leaseA lease arrangement under which the lessee is responsible for all property taxes, maintenance Operating leaseShort-term, cancelable lease. A type of lease in which the period of contract is less than the Operating leaseThe rental of an asset from a lessor, but not under terms that would Operating LeaseOne where the risks and benefits, as well as ownership, stays with the lessor. Rental leaseSee:full-service lease. Safe harbor leaseA lease to transfer tax benefits of ownership (depreciation and debt tax shield) from the Sale and lease-backSale of an existing asset to a financial institution that then leases it back to the user. Sale and LeasebackAn agreement in which the owner of a property sells that property to a person or institution and then leases it back again for an agreed period and rental. Sales-type leaseAn arrangement whereby a firm leases its own equipment, such as IBM leasing its own Sales-type Leaselease accounting used by a manufacturer who is also a lessor. Up-front gross True leaseA contract that qualifies as a valid lease agreement under the Internal Revenue code. Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |