Capital Expenditure (buying) vs. Operational Expenditure (leasing/running costs).

The choices available to a lessee when a lease agreement concludes.

The price that an asset would sell for on the open market.

A type of lease in which the finance company is typically the legal owner of the asset for the duration of the lease.

The date on which the lessee begins to have the right to use the underlying asset.

An overarching contract that controls the terms for multiple individual lease schedules.

A contract that allows for the use of an asset but does not convey ownership rights of the asset.

The intervals at which lease payments are made, such as monthly, quarterly, or annually.

The estimated value of a fixed asset at the end of its lease term.

Non-tangible costs associated with an equipment acquisition, such as installation, training, and maintenance.