An entity that provides leased property to customers.

Tangible net worth is defined, as of the most recent fiscal-year-end reporting period, as a lessee’s retained earnings plus paid-in capital less all of the intangible assets.

Treated as a loan for tax purposes and as an operating lease (off-balance-sheet financing) for accounting purposes. Relies on lessee to either take the FMV purchase option or pay substantial penalty f [..]

Listing of equipment to become subject to a lease, which describes the equipment in detail. The schedule may reflect the lease term, the commencement date and the location of the equipment and may be [..]

A common measure of profitability based upon the amount of assets invested. ROA is equal to the ratio of either (1) net income to total assets, or (2) net income available to common stockholders to to [..]

A measure of profitability related to the amount of invested equity. ROE is equal to the ratio of either (1) net income to owners’ equity, or (2) net income available to common stockholders to common [..]

The rate of return to the lessor, or cost to the lessee, in a lease based solely upon the initial equipment cost and the periodic lease payments, without any reliance on residual value, tax benefit, d [..]

This is the value, expressed as a percentage of the current purchase price, that the lessor estimates an Item of Equipment will retain at a specified point in the future.

An option in the lease agreement that allows the lessee to extend the lease term for an additional period beyond the expiration of the initial lease term, in exchange for lease renewal payments.

The process of selling or leasing the leased equipment to another party upon termination of the original lease term. The lessor can remarket the equipment or contract with another party, such as the m [..]