Any, proprietorship, partnership, corporation, associated, or other organization that has the capacity to make a contract or an agreement. It is a responsible party in the eyes of the law and therefore can be sued if an agreement is not met.
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Posted : BZdot on 2006-11-30 11:11:57

The party to a lease agreement who has leagl or tax title to equipment or property, who grants the lessee the right to use the equipment or property for the lease term, and who is entitled to the rental fees.
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Posted : BZdot on 2006-11-30 11:13:55

Agreement to be executed by borrower, containing pertinent terms, conditions, covenants and restrictions.
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Posted : BZdot on 2006-11-30 11:21:25

The maximum rate of interest fixed by the laws of the various states, which a lender may charge a borrower for the use of money.
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Posted : BZdot on 2006-11-30 11:12:39

A contract between the owner (lesser) and the tenant (lessee) stating the conditions under which the tenant may occupy or use real estate or equipment. Terms usually include a specific period of time and a predetermined rate.
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Posted : BZdot on 2006-11-30 11:10:42

A method of valuing inventory which assumes that the last articles bought are the first used or sold. This method uses the cost of the most recent item in inventory first.
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Posted : BZdot on 2006-11-30 11:16:25

Any institution, including a commercial bank, savings and loan association, commercial finance company, or other lender qualified to participate with SBA in the making of loans.
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Posted : BZdot on 2006-11-30 11:13:04

A term to describe minimal involvement of the government in the economy. This allows for market forces and individuals to conduct business with little regulation.
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Posted : BZdot on 2006-11-30 11:10:11

The period rental payment to a lesser for the use of assets. It may also be considered as the implicit interest rate in minimum lease payments.
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Posted : BZdot on 2006-11-30 11:11:17

The user of equipment or property being leased.
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Posted : BZdot on 2006-11-30 11:13:27