FLAT LEASE Definition

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FLAT LEASE is a lease where the cost is fixed for a specific period of time.

Learn new Accounting Terms

GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB) is a nonprofit organization responsible for establishing and improving accounting and financial reporting standards for governmental units.

EXTERNAL is from or between other countries, e.g. external commerce; or, happening, arising or located outside or beyond a company, e.g. external influences.

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