Topical Terminology > Adjusted Capitalized Cost (Adjusted Cap Cost)
1 Definition
Adjusted Capitalized Cost (Adjusted Cap Cost)
For Adjusted Capitalized Cost (Adjusted Cap Cost) we have a term and definition in Auto Lease.
Adjusted Capitalized Cost (Adjusted Cap Cost) (Auto Lease) 
The amount capitalized at the beginning of the lease, equal to the gross capitalized cost minus the capitalized cost reduction. This amount is sometimes referred to as the net cap cost.
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