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April 19, 2006
Fast Cash
Leasing is an arrangement that provides a firm with the use and control over assets without receiving title to them. A leasing is a written agreement allowing the use of the assets for a specific period of time. The lease is signed by both the owner of the assets (the "lessor") and the user (the "lessee"). A contract of lease may be defined as a contract whereby the owner of an asset grants to another party the exclusive right to use the asset usually for an agreed period of time in return for the payment of
From Fast Cash
Posted by Rob at April 19, 2006 08:57 AM
