- car lease
- See drive-it-yourself system; freight line company.
Ballentine's law dictionary. Anderson, W.S.. 1998.
car lease
Look at other dictionaries:
car lease — ➔ lease2 … Financial and business terms
lease — a legal contract covering the possession and use of property, plant or equipment between the owner ( lessor) and another person ( lessee) at a given rent, for a stated length of time. Glossary of Business Terms A contract providing for the use of … Financial and business terms
Lease — A long term rental agreement, and a form of secured long term debt. The New York Times Financial Glossary * * * ▪ I. lease lease 1 [liːs] verb [transitive] COMMERCE 1. if you lease something to someone, you give them the right to use it for a… … Financial and business terms
lease — 1 / lēs/ n [Anglo French les, from lesser to grant by lease, from Old French laisser to let go, from Latin laxare to loosen, from laxus slack] 1 a: a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment… … Law dictionary
lease option — A provision in a lease (for real property, such as a house) or contract (for personal property, such as a car) that gives the tenant or lessee the right to buy the real or personal property at the end of the lease or contract period, for a price… … Law dictionary
lease — lease1 W3 [li:s] n 1.) a legal agreement which allows you to use a building, car etc for a period of time, in return for rent lease on ▪ They took out a lease on a seven acre field. ▪ The landlord refused to renew his lease . ▪ The 99 year lease… … Dictionary of contemporary English
Lease Balance — The amount of money that a customer owes under the terms of a vehicle lease contract. The lease balance becomes important in two main situations. The first is in the event that a car is stolen and not recovered, is totaled in an accident or is… … Investment dictionary
Lease Rate — The amount of money paid over a specified time period for the rental of an asset, such as real property or an automobile. The lease rate that the lender earns from allowing someone else to use his property compensates him for not being able to… … Investment dictionary
lease — [[t]li͟ːs[/t]] ♦♦♦ leases, leasing, leased 1) N COUNT A lease is a legal agreement by which the owner of a building, a piece of land, or something such as a car allows someone else to use it for a period of time in return for money. He took up a… … English dictionary
lease — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ long, long term ▪ short, short term ▪ ten year, etc. ▪ commercial … Collocations dictionary
