operating lease
noun[C]
ukusanarrangementfor acompanytopayto useequipment,vehicles, abuilding, etc. for aparticularperiod:
an operating lease agreement/contractThecompanyleasesitsfacilitiesunder anoperatingleaseagreement.
Examplesofoperating lease
operating lease
If it is not a finance lease then it is anoperatinglease.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Anoperatingleaseis commonly used to acquire equipment on a relatively short-term basis.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The short duration of anoperatingleasealso protects against aircraft obsolescence, an important consideration in many countries due to changing noise and environmental laws.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The company offers finance andoperatingleaseunder its corporate leasing programs.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Anoperatingleaserecords no asset or liability on the financial statements, the amount paid is expensed as incurred.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The act further stipulated that a private company be given theoperatingleaseof the tram-lines for a period of 22 years.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The aircraft may be provided to the airline on the basis of anoperatingleaseor a finance lease.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Conversely, if none of the criteria are met, the contract is anoperatinglease, and the lessee will have a footnote in its balance sheet to that effect.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Thus, for example, an aircraft which has an economic life of 25 years may be leased to an airline for 5 years on anoperatinglease.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Operatingleasehas also spread to industrial equipment.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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