LISTED COMPANY Definition

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LISTED COMPANY is a public company listed or quoted on a stock exchange.

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DIRECT FINANCING LEASE is one in which the lessor's only source of revenue is interest. The lessor (generally a bank or other financial institution) buys an asset and leases it to the lessee. This transaction is an alternative to the more customary lending arrangement in which a borrower uses the loan proceeds to purchase an asset. A direct financing lease is the functional equivalent of a loan.

CROWN CORPORATION is a corporation that has been established by a nation's government.

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