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leasing
(redirected from Lease contract)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
See: tenancy


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In your lease contract, it is important to know where your payments are going.
However, this treatment would not apply when the lessor sells a lease contract to a third party, In that case, the seller would recognize ordinary income from the sale's proceeds, * A third party that acquires property subject to a lease must record the entire adjusted basis for tax purposes and recover it by depreciation.
Beginning in fiscal year 2009, Mazda will provide approximately 30 RX-8 Hydrogen RE vehicles for the HyNor project under commercial lease contracts.
 
 
 
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