Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• LEASE RATE FACTOR - the periodic lease or rental payment expressed as a percentage (or decimal equivale...
  
  
• LEASE TERM - The life of a lease, including any renewal options.
  
  
• LEASE WITH OPTION TO PURCHASE - A rental contract which allows the tenant to purchase the property duri...
  
  
• LEASE-LIKE LOAN - Also known as payment saver loan. It combines features of a lease and a conventional ...
  
  
• LEASE-PURCHASE - a method of acquiring ownership of property whereby all or a portion of rent payments ...
  
  
• LEASE-PURCHASE AGREEMENT - An agreement that allows for portions of lease payments to be used to purcha...
  
  
• LEASE-PURCHASE MORTGAGE - A financing option that allows a potential homebuyer to lease a property with...
  
  
• LEASE-PURCHASE MORTGAGE LOAN - An alternative financing option that allows low- and moderate-income hom...
  
  
• LEASE-RENTAL BOND - Bonds whose principal and interest are payable exclusively from rental payments fro...
  
  
• LEASE-TO-OWN PURCHASE - A transaction in which a hopeful home buyer leases a home with an option to buy...