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finance lease vs financial lease

Both 'finance lease' and 'financial lease' are correct terminologies used in the field of leasing. They are interchangeable and refer to a type of lease where the lessee is responsible for maintenance, insurance, and other expenses associated with the leased asset. There is no significant difference in meaning between the two phrases.

Last updated: March 27, 2024

finance lease

This phrase is correct and commonly used in the field of leasing.

The term 'finance lease' refers to a type of lease where the lessee is responsible for maintenance, insurance, and other expenses associated with the leased asset.

Alternatives:

  • financial lease
  • capital lease
  • full payout lease
  • non-cancelable lease
  • true lease

financial lease

This phrase is correct and commonly used in the field of leasing.

The term 'financial lease' refers to a type of lease where the lessee is responsible for maintenance, insurance, and other expenses associated with the leased asset.

Alternatives:

  • finance lease
  • capital lease
  • full payout lease
  • non-cancelable lease
  • true lease

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