A lease purchase is a full-payout equipment leasing arrangement with a lease term equal to the asset’s estimated economic life and a bargain purchase option for the lessee to exerc...
Leases are assigned to lenders to facilitate the orderly and more effective enforcement of the security in the leased property. The lessor assigns to lease funders the rights asso...
The equipment (personal property) or real estate (real property) that is the subject of a lease and currently leased is a leased asset. In general, any identifiable, tangible and...
What is a government security?
A government security any debt instrument issued by a central government, including bills, notes and bonds, whether discounted, variable- or fixed-rate, negotiable or nonnegotiable...
What is a finance or capital lease?
Any lease that is not classified for accounting purposes as an operating lease is a finance lease. A finance lease (more commonly known as a "capital lease" in the US) is a noncan...
A Eurobond is a generally unsecured, unsubordinated intermediate- to long-term coupon-bearing Euromarket debt instrument ordinarily issued in bearer form on a “one-off basis” and u...
What is a Euro-medium term note (EMTN)?
A Euro-medium term note (EMTN) is an intermediate- to long-term generally unsecured and unsubordinated, fixed- or variable-rate interest-bearing bearer debt instrument issued in on...
What is a CP back-up line of credit?
Commercial paper usually has the highest yield of the money market instruments on the respective market due to their higher default risk relative to the other money market instrume...
A conditional sale is the sale of an asset with title to the asset withheld from the buyer by the financing manufacturer, bank or finance company until all payment for the asset ha...
What is a commercial paper program?
A commercial paper program is an ongoing arrangement for the continuous issuance of commercial paper on a tap basis established for several years or open-ended, whereby paper is co...
