What is the definition of a capital lease?

Charlotte Nelson | 2023-05-07 23:44:12 | page views:1742
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Ethan Martin

Works at the International Labour Organization, Lives in Geneva, Switzerland.
Definition: Capital lease is a lease agreement in which the lessor agrees to transfer the ownership rights to the lessee after the completion of the lease period. ... Description: In a capital lease, the lessor transfers the ownership rights of the asset to the lessee at the end of the lease term.
2023-05-09 23:44:12

Ava Rodriguez

QuesHub.com delivers expert answers and knowledge to you.
Definition: Capital lease is a lease agreement in which the lessor agrees to transfer the ownership rights to the lessee after the completion of the lease period. ... Description: In a capital lease, the lessor transfers the ownership rights of the asset to the lessee at the end of the lease term.
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