- Finance Explained
- Overview of Leasing
- The Benefits of Leasing
- Types of Finance
- Frequently Asked Questions
What is a Lease?
Leáse (leś), n. [origin French. A thing left by will, a lease, from laisir, to let go, to lease, rent, hire, charter]
1. A contract by which one party (lessor) gives to another (lessee) the use and possession of equipment for a specified time and for fixed payments.
2. The document in which this contract is written.
3. A way companies can realise their goals whilst conserving capital.