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finance lease vs finance leasing

Both "finance lease" and "finance leasing" are correct, but they are used in different contexts. "Finance lease" refers to a type of lease agreement, while "finance leasing" is the process of leasing assets. They are not directly comparable as they serve different purposes.

Last updated: March 27, 2024

finance lease

This phrase is correct and commonly used in the context of lease agreements.

This phrase refers to a type of lease agreement where the lessee is responsible for maintenance, insurance, and other expenses associated with the leased asset.

Examples:

  • The company opted for a finance lease to acquire new equipment.
  • The finance lease agreement included a purchase option at the end of the term.

Alternatives:

  • capital lease
  • operating lease
  • lease agreement
  • equipment lease
  • vehicle lease

finance leasing

This phrase is correct and commonly used to describe the process of leasing assets.

This phrase refers to the act of leasing assets, such as equipment or vehicles, by a company to finance their use without having to purchase them outright.

Examples:

  • The company engaged in finance leasing to expand its fleet of vehicles.
  • Finance leasing allows businesses to access equipment without a large upfront cost.

Alternatives:

  • asset leasing
  • equipment leasing
  • vehicle leasing
  • leasing process
  • leasing arrangement

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