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Topical Terminology > Lease



21 Definitions

Lease

For Lease we have terms and definitions in 21 topics. The topics are Accounting, Accounting Terms, Auto Lease, Auto Loan, Automotive, Canadian Law, Commercial Real Estate, Dairy Production, Divorce, Energy, Finance, Foreclosure, Genealogy, International Business, Natural Gas, Oil, Poetry, Political, Purchasing A Home, Real Estate and Tax.



Lease (Accounting)

is a contract where a party being the owner (lessor) of an asset (leased asset) provides the asset for use by the lessee at a consideration (rentals)either fixed or dependent on any variablesfor a certain period (lease period)either fixed or flexiblewith an understanding that at the end of such periodthe assetsubject to the embedded options of the leasewill be either returned to the lessor or disposed off as per the lessor's instructions.


Lease (Accounting Terms)

Conveyance of land, buildings, equipment or other ASSETS from one person (LESSOR) to another (LESSEE) for a specific period of time for monetary or other consideration, usually in the form of rent.


Lease (Auto Lease)

A contract between a lessor and a lessee for the use of a vehicle or other property, subject to stated terms and limitations, for a specified period and at a specified payment.


Lease (Auto Loan)

Fee


Lease (Automotive)

form of contract transferring the use of a vehicle in consideration of payment.


Lease (Canadian Law)

A special kind of contract between a property owner and a person wanting temporary enjoyment and use of the property, in exchange for rent paid to the property owner. Where the property is land, a building, or parts of either, the property owner is called a landlord and the person that contracts to receive the temporary enjoyment and use is called a tenant.


Lease (Commercial Real Estate)

The legal agreement between the Landlord and Tenant setting forth the rules and conditions for occupancy by the tenant and limitations of the landlord.


Lease (Dairy Production)

A legal agreement that provides one individual or entity (the tenant or lessee) the right to use certain assets (land, building, equipment, etc.) belonging to another individual or entity (landlord or lessor) for a specified period of time for specified fee called rent. A method of contolling a resource.


Lease (Divorce)

A written document in which the rights to use an occupancy of land or structures are transferred by the owner to another for a specific period of time in return for a specified rent.


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Lease (Energy)

The legal contract that specifies the terms and conditions of the business relationship between an oil company and the landowner or mineral rights holder on a particular tract.


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Lease (Finance)

A long-term rental agreement, and a form of secured long-term debt.


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Lease (Foreclosure)

An agreement involving payment of rent for possession of real estate for a specific period of time.


Lease (Genealogy)

An agreement which creates a landlord - tenant situation.


Lease (International Business)

A contract in which one party conveys the use of an asset to another party for a specific period of time at a predetermined rate.


Lease (Natural Gas)

A contract between an owner (lessor) and a tenant (lessee), setting forth the compensation, terms, and conditions upon which the lessee may occupy or use property, real or personal, of the lessor. This may include the right to engage in exploration for and production of oil, gas, or other minerals.


Lease (Oil)

An agreement between two or more parties where the owner of the surface and/or mineral rights grants another party the right to drill and produce petroleum substances in exchange for payment.


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Lease (Poetry)

to glean


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Lease (Political)

A contract in which one party gives to another the use of property, such as land or buildings, for a specified time for a specifed payment.


Lease (Purchasing A Home)

A written agreement between the property owner and a tenant that stipulates the conditions under which the tenant may possess the real estate for a specified period of time and rent.


Lease (Real Estate)

A written agreement between the property owner and a tenant that stipulates the conditions under which the tenant may possess the real estate for a specified period of time and rent.


Lease (Tax)

A legal contract conveying the use of property from the owner (lessor) to another (lessee) at a fixed rate, for a stated length of time.


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