Search Definitions

A transaction for which an underlying asset is re-leased by a lessee (‘intermediate lessor’) to a third party, and the lease (‘head lease’) between the head lessor and lessee remains in …

An asset that is the subject of a lease , for which the right to use that asset has been provided by a lessor to a lessee . …

The difference between: (a)         the gross investment in the lease ; and (b)            the net investment in the lease . …

That portion of the residual value of the underlying asset , the realisation of which by a lessor is not assured or is guaranteed solely by a party related to the …

The portion of payments made by a lessee to a lessor for the right to use an underlying asset during the lease term that varies because of changes in facts or circumstances occurring after the commencement date , other than the passage of …

An agreement between two or more parties that creates enforceable rights and obligations. …

The period over which an asset is expected to be available for use by an entity; or the number of production or similar units expected to be obtained from an asset by an …

Borrowing costs are interest and other costs that an entity incurs in connection with the borrowing of funds. …

A qualifying asset is an asset that necessarily takes a substantial period of time to get ready for its intended use or sale. …