LESSOR Definition

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

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CAPEX see CAPITAL EXPENDITURE.

BUSINESS PROCESS REENGINEERING (BPR) is the analysis and radical redesign of business processes using objective, quantitative methods and tools and management systems to accomplish change or performance improvement. Also called: Re-Engineering, Reengineering, Process Reengineering, Process Quality Management, BPR, Process Innovation, Process Improvement, and Business Process Engineering.

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