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Financial Terms | |
Lease Payment |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: inventory control, accounting, stock trading, payroll, tax advisor, business, credit, investment, Also see related: financing, insurance, first time homebuyer, credit, buy home, home, property, real estate, homebuyer, |
Definition of Lease PaymentLease 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.
Related Terms:Break-even lease paymentThe lease payment at which a party to a prospective lease is indifferent between Fixed-charge coverage ratioA measure of a firm's ability to meet its fixed-charge obligations: the ratio of Fixed Charge Coverage RatioA measure of how well a company is able to meet its fixed Leveraged leaseA lease arrangement under which the lessor borrows a large proportion of the funds needed Sales-type Leaselease accounting used by a manufacturer who is also a lessor. Up-front gross Accounting and Auditing Enforcement Release (AAER)Administrative proceedings or litigation releases that entail an accounting or auditing-related violation of the securities laws. Automatic Benefits PaymentAutomatic payment of moneys derived from a benefit. ![]() Balance of paymentsA statistical compilation formulated by a sovereign nation of all economic transactions Balance of PaymentsThe difference between the demand for and supply of a country's currency on the foreign exchange market. Balance of Payments AccountsA statement of a country's transactions with other countries. Break-even payment rateThe prepayment rate of a MBS coupon that will produce the same CFY as that of 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. Clearing House Automated Payments System (CHAPS)A computerized clearing system for sterling funds Clearing House Interbank Payments System (CHIPS)An international wire transfer system for high-value Cost of lease financingA lease's internal rate of return. Coupon paymentsA bond's interest payments. Current Tax Payment Act of 1943A federal Act requiring employers to withhold income taxes from employee pay. Date of paymentDate dividend checks are mailed. Delivery versus paymentA transaction in which the buyer's payment for securities is due at the time of Direct leaselease in which the lessor purchases new equipment from the manufacturer and leases it to the Double-dip leaseA cross-border lease in which the disparate rules of the lessor's and lessee's countries let Electronic Federal Tax Payment Systems (EFTPS)An electronic funds transfer system used by businesses to remit taxes to the government. FHA prepayment experienceThe percentage of loans in a pool of mortgages outstanding at the origination 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 Graduated-payment mortgages (GPMs)A type of stepped-payment loan in which the borrower's payments Interac® Direct PaymentInstead of paying with cash or a credit card, Interac Direct payment allows you to pay for your purchase with a debit card, such as your bank card. The amount of the purchase is electronically debited, or withdrawn, from your bank account (see debit card). Interest paymentsContractual debt payments based on the coupon rate of interest and the principal amount. Lag response of prepaymentsThere is typically a lag of about three months between the time the weighted 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 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. 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 online bill paymentThe electronic payment of a bill via the Internet. The specified amount of the bill is electronically debited from your account. 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. Payment dateThe date on which each shareholder of record will be sent a check for the declared dividend. Payment dateThe date established for the payment of a declared dividend. Payment floatCompany-written checks that have not yet cleared. payment floatChecks written by a company that have not yet cleared. Payment-In-Kind (PIK)bond A bond that gives the issuer an option (during an initial period) either to make Payments nettingReducing fund transfers between affiliates to only a netted amount. Netting can be done on Payments patternescribes the lagged collection pattern of receivables, for instance the probability that a pre-authorized paymentA system where funds are electronically debited from your account on a specified date by a financial institution (e.g., bill, mortgage or personal loan payments) or perhaps an insurance or an utility company. PrepaymentA payment made in advance of when it is treated as an expense for profit purposes. Prepayment speedAlso called speed, the estimated rate at which mortgagors pay off their loans ahead of Prepaymentspayments made in excess of scheduled mortgage principal repayments. Production payment financingA method of nonrecourse asset-based financing in which a specified Progress PaymentsPeriodic payments to a supplier, contractor or subcontractor for work satisfactorily performed to date. Rental leaseSee:full-service lease. Repayment TermsThe length of time given a borrower by a lender to repay a debt and the frequency of principal payments which the borrower has to meet. 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 Single-payment bondA bond that will make only one payment of principal and interest. stop paymentA service which enables you to request a 'stop' on any cheque or other pre-authorized payment, as long as the funds have not yet been disbursed. For example, you might request a stop payment on a post-dated cheque if you no longer need the product or service for which that cheque was initially written. Transfer PaymentA grant or gift that is not payment for services rendered. True leaseA contract that qualifies as a valid lease agreement under the Internal Revenue code. Zero prepaymentassumption The assumption of payment of scheduled principal and interest with no payments. LeasingContract granting use of real estate, equipment, or other fixed assets for a specified time in exchange for payment, usually in the form of rent. The owner of the leased property is called the lessor, the user the lessee. Long-term liabilitiesAmount owed for leases, bond repayment and other items due after 1 year. Other long term liabilitiesValue of leases, future employee benefits, deferred taxes and other obligations Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |