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Leasing Glossary

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  • Operating leasing or Long-term Leasing

    Concerns the leasing of equipment or means of transport, the operating expenses and any other service related to this, to cover the lessee’s operating needs for a limited duration and under specific terms.

  • Overdue Lease amount

    The lease that is paid at the end of the agreed period.

  • Order Confirmation

    Letter from the Leasing Company to the supplier with the equipment purchasing terms.