Management Glossary

  Search Results: operating lease
operating lease

A lease under which the owner of the transfers only the right to use the property to the lessee. At the end of the lease term the lessee returns the property to the lessor. With an operating lease, the lease term is usually short relative to the useful live of the asset being leased.

Contributed by: Managerwise Staff
See: lessee, lessor, capital lease

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