Assertion: lease | /r/IsA | a finance lease
Facets:
Source sentences:
text: Under ASC 842, a lease is evaluated in comparison to five criteria and if an asset meets any of the five, then it is classified as a finance lease.
text: Leases are classified as operating leases or finance leases, depending on the terms of the agreements.
text: For a lease to be classified as a finance lease, it must meet one of the five finance lease criteria, listed below.