LESSOR Definition

Bookmark and Share

LESSOR is the party who conveys specified property to another for a period of time in return for the receipt of rent.

Learn new Accounting Terms

INVESTMENT BANKER is an underwriter who serves as a middleman between a corporation issuing new securities and the public. Usually, an investment banker, or several investment bankers in a syndicate, buy the securities issue outright, then sell the securities to individuals or institutions.

LEASE RATE FACTOR is the periodic lease or rental payment expressed as a percentage (or decimal equivalent) of equipment cost. Used to calculate payments given the cost of equipment (e.g. A lease rate factor of 0360 on an equipment cost of $5,000.00 requires a monthly payment of $180.00 (0360x$5,000.00=$180.00).

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.