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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 • 608 views

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

"finance lease"

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.
  • Under IFRS or compatible National GAAP, 'finance lease receivables' are as defined in IAS 17.
  • The present finance lease meets this requirement.
  • On 21 September 2005 the Commission signed a 27 year finance lease contract for a building in Brussels valued to EUR 50 million.
  • The result had been that the total finance lease liability had been understated at 31 December 2002 by EUR 188.6 million.
  • The cost of an item of property, plant and equipment held by a lessee under a finance lease is determined in accordance with IAS 17.
  • For example, it may be appropriate to depreciate separately the airframe and engines of an aircraft, whether owned or subject to a finance lease.
  • An operating lease is a lease other than a finance lease.
  • In the case of a finance lease, the underlying asset may be either tangible or intangible.
  • After initial recognition, a lessee accounts for an intangible asset held under a finance lease in accordance with this standard.
  • The finance lease was provided by a private US bank [...] to finance the acquisition of five B787 aircraft.
  • In view of the above, the finance lease can be considered as a sign that markets believed in LOT's return to viability.
  • The finance lease alone accounts for [60-67] % of total restructuring cost and thus would be sufficient to meet the required threshold.
  • For example, it may be appropriate to depreciate separately the airframe and engines of an aircraft, whether owned or subject to a finance lease.
  • property that is leased to another entity under a finance lease.
  • cash payments by a lessee for the reduction of the outstanding liability relating to a finance lease.
  • A finance lease is a lease that transfers substantially all the risks and rewards incidental to ownership of an asset.
  • The costs identified as directly attributable to activities performed by the lessee for a finance lease are added to the amount recognised as an asset.
  • A finance lease gives rise to depreciation expense for depreciable assets as well as finance expense for each accounting period.
  • Lessors shall recognise assets held under a finance lease in their balance sheets and present them as a receivable at an amount equal to the net investment in the lease.
  • If a sale and leaseback transaction results in a finance lease, any excess of sales proceeds over the carrying amount shall not be immediately recognised as income by a seller-lessee.

Alternatives:

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

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

"finance leasing"

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.
  • for Befraco: is active in finance leasing.
  • Opinion on the regulation of finance leasing and leasing companies» activities (CON/ 2009/57)
  • ECB Opinion on the regulation of finance leasing and leasing companies» activities in Cyprus
  • Finance leasing must be treated as credit financing.
  • Finance leasing shall be treated as credit financing, and is therefore new business pursuant to 4.2.3, and subject to the restrictions on new business.
  • On 26 June 2009, at the request of the Cypriot Ministry of Finance, the Governing Council adopted an Opinion on the regulation of finance leasing and leasing companies» activities (CON/ 2009/57).
  • A similar method is used for aid to finance leasing (3).
  • The Economic and Social Committee (ESC) and the Committee of the Regions (CoR) have entered the finance leasing contracts for their Belliard and Montoyer buildings on the assets side of the balance-sheet.
  • The Berlaymont building does not yet figure in the balance sheet of the Communities at 31 December 2003, since the finance leasing contract has not yet been signed and no payment was made in 2003.
  • the Real Estate and Finance Leasing Segment encompasses the earnings of the Group members operating in these fields and the credit financing of real estate projects primary with corporate clients.
  • FINANCE LEASING OF AIRCRAFT (A340s)

Alternatives:

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

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