Assertion: operating lease | /r/HasProperty | contract
Facets:
Source sentences:
text: An operating lease is a contract where an owner of an asset (or lessor) gives someone (a lessee) access to that asset.
text: Definition: Operating lease is a contract wherein the owner, called the Lessor, permits the user, called the Lesse, to use of an asset for a particular period which is shorter than the economic life of the asset without any transfer of ownership rights.
text: Definition: An operating lease is a short-term lease or contract in which the lessee agrees to rent an asset from the lessor and the lessor retains the rights of ownership.