1. Home
  2. |  
  3. Bank Recruitment |  

Banking Term: Lease

Apr 14, 2015 17:59 IST

    It is an agreement between the owner of property (Lessor) to grant use of it to another party (lessee) for a specified period at a specified rent payable annually, quarterly, or monthly. The rental may be subject to review, say, every five years. It is possible to lease cars, office equipment, machinery, etc as well as building or land and a recent development has been the rapid growth of leasing arrangements for business requirements.

    Latest Videos

    Register to get FREE updates

      All Fields Mandatory
    • (Ex:9123456789)
    • Please Select Your Interest
    • Please specify

    • ajax-loader
    • A verifcation code has been sent to
      your mobile number

      Please enter the verification code below

    This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK

    Register to view Complete PDF