Difference between revisions of "Combination lease"

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[[Combination lease]] is a [[lease agreement]] that combines some aspects of both operating and financial leases. For example, a financial lease that contains a cancellation clause— normally associated with operating leases—is a combination lease.
  
  
 
==Definitions==
 
==Definitions==
 
According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]],
 
According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]],
:
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:[[Combination lease]]. Combines some aspects of both operating and financial leases. For example, a financial lease that contains a cancellation clause— normally associated with operating leases—is a combination lease.
  
 
==Related concepts==
 
==Related concepts==

Latest revision as of 04:38, 8 December 2020

Combination lease is a lease agreement that combines some aspects of both operating and financial leases. For example, a financial lease that contains a cancellation clause— normally associated with operating leases—is a combination lease.


Definitions

According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Combination lease. Combines some aspects of both operating and financial leases. For example, a financial lease that contains a cancellation clause— normally associated with operating leases—is a combination lease.

Related concepts

Related lectures