synthetic lease

A method for financing the purchase of real estate, whereby the lender creates a special-purpose entity that buys the property and then leases it to the ultimate user (usu. a corporation).

• A synthetic lease is treated as a loan for tax purposes and as an operating lease for accounting purposes, so that the “lessee” can deduct the property’s depreciation and the loan’s interest yet keep both the asset and the debt off its balance sheet.

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词条贡献者

译员黎川，在一家顶尖澳洲律师事务所的上海办公室担任全职法律翻译，擅长翻译涉及工业与制造业领域的法律文件。