Search Definitions

Rights designed to protect the interest of the party holding those rights without giving that party power over the entity to which those rights …

For the purpose of this Standard, relevant activities are activities of the investee that significantly affect the investee’s returns. …

Rights to deprive the decision maker of its decision-making authority. …

An entity that is controlled by another entity. …

The date on which a lessor makes an underlying asset available for use by a lessee . …

Either the period over which an asset is expected to be economically usable by one or more users or the number of production or similar units expected to be obtained from an asset by one or more …

The date when both parties agree to a lease modification . …

For the purpose of applying the lessor accounting requirements in this Standard, the amount for which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm’s length …

A lease that transfers substantially all the risks and rewards incidental to ownership of an underlying asset . …

Payments made by a lessee to a lessor for the right to use an underlying asset during the lease term , excluding variable lease payments …