Difference between revisions of "Lessee"
(Created page with "Lessee is the party leasing the property. lessee's analysis Involves determining whether leasing an asset is less costly than buying the asset. The lessee will compare the...") |
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− | [[Lessee]] is the party leasing the property | + | [[Lessee]] is the party leasing the property. |
==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)]], | ||
− | :[[Lessee]]. The party leasing the property. | + | :[[Lessee]]. The party leasing the property. |
+ | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
+ | :[[Lessee]]. The party that uses, rather than the one who owns, the leased property. | ||
==Related concepts== | ==Related concepts== |
Latest revision as of 02:07, 2 November 2019
Lessee is the party leasing the property.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Lessee. The party leasing the property.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Lessee. The party that uses, rather than the one who owns, the leased property.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.