What is Finance Lease?
1.
A finance lease is where a loaned asset is (in most cases)
In the accounts of business, it is recorded much the same as a hire-purcase agreement. It is reocrded in the balance sheet (as at <date>) as the cost of the fixed asset (excluding interest) less the provision for
The balance sheet also record finance leasing as a liability for future payments (excluding intrest), see
We have secured a finance lease.
See
Random Words:
1.
Another name for a male homosexual, referring to Fag.
We don't hang out with Jon. We think he's a bit of a three-lettered man..
1.
dirty brown noser, also refered 2 as a pafghan. Enjoys muff diving with the exotic flavours of katie lee.
"look at that ugly twat ..
