ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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LEVERAGED LEASE Definition
LEVERAGED LEASE is a lease arrangement under which the lessor borrows a large proportion of the funds needed to purchase the asset and grants the lender a lien on the assets and a pledge of the lease payments to secure the borrowing.
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STATUTE is an act passed by a legislative body, e.g. U.S. Congress.
CFO to DEBT see CASH FLOW / CURRENT PORTION OF LONG TERM DEBT.