lease payments
Monthly tenancy obligations
Lease payments are regular sums paid by a lessee to use property or equipment owned by another party.
The term appears in both personal and business contexts: monthly lease payments on the car, commercial lease payments for office space.
In accounting, lease payments factor into calculations of assets and liabilities under financial reporting standards.
- rentPayment for temporary use
- principalChief school administrator
- contractEnforceable written agreement
- residual valueWorth after depreciation ends
- fair market valueObjective exchange price
default · grace period · bill · real estate · installment · depreciation · late fee · interest · amortization · insurance premiums · termination clause · security deposit · cash flow · utilities · prepayment penalty · cash · lessor · term
- business expensespayroll, office rent, salaries, wages, office supplies
- vehicle costsgas, fuel, petrol, diesel, insurance
- aviation costsairfare, landing fees, baggage fees, maintenance costs, operating costs
- fixed expensesrent, salaries, insurance premiums, property taxes, office rent
- government revenuetax revenue, sales tax, income tax, property tax, excise tax
- leasingtenant, rent, landlord rights, landlord, rental
lease paymentspurchase price
Money paid for acquisition
down payment · acquisition cost · full ownership · capital expenditure · title transfer