A lease involving an additional payment, the amount of which will depend on the value of the property when it is returned. also called finance lease.
Related information about open-end lease:
- Open-End Lease Definition | Investopedia
A rental agreement that obliges the lessee (the person making periodic lease payments) to make a balloon payment at the end of the lease agreement ...
- Two Types of Car Leases - Don't get the wrong one !
3 days ago ... Often, the residual for an open-end lease is set much lower than for a non- business closed-end lease, which reduces the lease-end risk, but ...
- Fleet Leasing Programs: Open-end Lease @merchantslease #Fleet
Depending on your specific situation, you may opt for an open-end lease (also referred to as a finance or capital lease) . . .
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Auto Leases, Open end versue closed end car leasing.
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May 5, 2003 ... Your rights and obligations at lease-end are different in an open-end lease and a closed-end lease. In a closed-end lease, at lease-end you ...
- Open vs Closed End Leasing
The lessee has the ability to customize an open-end lease. Closed-end leasing is typically provided to individuals leasing a vehicle. This is the type of lease ...
- Open-end lease - Financial Dictionary - The Free Dictionary
A lease agreement that provides for an additional payment at the expiration of the lease to adjust for any change in the value of the property. Want to thank TFD ...
- What is open-end lease? definition and meaning
Definition of open-end lease: A lease involving an additional payment, the amount of which will depend on the value of the property when it is returned. also ...