Easyform Glossary of Law Terms. — UK law terms.
equipment lease — ➔ lease2 * * * equipment lease UK US noun [C] FINANCE ► a financial arrangement in which an organization lends equipment to a company for a specific period of time in return for regular payments: »I fell into arrears on my office equipment lease… … Financial and business terms
Equipment lease assignment — Equipment Lease Agreements typically contain language prohibiting the Lessee from assigning the lease to a third party. For example, YOU HAVE NO RIGHT TO SELL, TRANSFER, ASSIGN, SUBLEASE, OR ENCUMBER THE EQUIPMENT OR THIS AGREEMENT protects the… … Wikipedia
lease — a legal contract covering the possession and use of property, plant or equipment between the owner ( lessor) and another person ( lessee) at a given rent, for a stated length of time. Glossary of Business Terms A contract providing for the use of … Financial and business terms
Lease — A long term rental agreement, and a form of secured long term debt. The New York Times Financial Glossary * * * ▪ I. lease lease 1 [liːs] verb [transitive] COMMERCE 1. if you lease something to someone, you give them the right to use it for a… … Financial and business terms
lease — 1 / lēs/ n [Anglo French les, from lesser to grant by lease, from Old French laisser to let go, from Latin laxare to loosen, from laxus slack] 1 a: a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment… … Law dictionary
lease — /li:s/ noun 1. a written contract for letting or renting a building, a piece of land or a piece of equipment for a period against payment of a fee ● to rent office space on a twenty year lease ♦ the lease expires next year or the lease runs out… … Dictionary of banking and finance
lease — I UK [liːs] / US [lɪs] noun [countable] Word forms lease : singular lease plural leases ** a legal contract in which you agree to pay to use someone else s building, land, or equipment for a specific period of time • a new lease of life II UK… … English dictionary
equipment trust certificates — A common type of secured corporate bond. For these bonds, a collateral interest in equipment or machinery provides extra protection for bond holders. In most cases, the equipment that is pledged to secure the bonds is equipment or machinery that… … Financial and business terms
lease — lease1 [ lis ] noun count ** a legal contract in which you agree to pay to use someone else s building, land, or equipment for a specific period of time a new lease on life 1. ) new energy and enthusiasm or better health: Taking up golf in his… … Usage of the words and phrases in modern English
lease — 1 noun (C) 1 a legal agreement which allows you to use a car, building etc for a period of time, in return for rent: take out a lease (=sign a lease so that you can rent something): We ve taken out a lease on an office building. 2 a new lease of… … Longman dictionary of contemporary English
