operating lease

A lease of property (esp. equipment) for a term that is shorter than the property’s useful life.

• Under an operating lease, the lessor is typically responsible for paying taxes and other expenses on the property. Cf. LEASE-PURCHASE AGREEMENT.


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资深译员王漾,毕业于一所培养高级翻译以及跨文化事务专家的精英大学,专注翻译各种与税收策略及补贴有关的法律文件。
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