Leasing Glossary

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It is a financial tool designed for businesses and self-employed professionals for the acquisition and use of fixed assets (equipment, real estate, transport) for production or investment purposes.
The Leasing Company, which grants the use, but retains the ownership of the Leasing object until the expiry of agreed duration under specific terms.
The Customer or counter contracting party that assumes the use of the equipment / property for an agreed lease amount.
The Leasing object (property, equipment or means of transport).
The amount prescribed by the contract (usually monthly) for use of the fixed asset.
The signing date of the annex (with simultaneous delivery of the fixed asset).
The end of agreed leasing period (with the simultaneous transfer of the fixed asset to the lessee).
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