Term:
Leasing (of an asset)
Definition:
Leasing refers to the renting of an asset for a given period of time, as an alternative to outright purchase
Domain:
Finance
Source:
External Debt: Definition, Statistical Coverage and Methodology, A Report by an International Working Group on External Debt Statistics of the World Bank, IMF, BIS, OECD, OECD, Paris, 1988, Glossary
