SYNTHETIC LEASE Definition

Bookmark and Share

SYNTHETIC LEASE is a transaction that appears, from an accounting standpoint, as a lease, but as a loan from a tax standpoint; resulting in an off-balance sheet account of the financing and the tax benefits that accompany the financed asset.

Learn new Accounting Terms

EX-WORKS see EX-FACTORY.

AUTHORIZED CAPITAL STOCK is the maximum number of shares of common stock that can be issued under a companys Articles of Incorporation. Issued shares are normally less than the number of authorized shares.

Suggest a Term

Enter Search Term

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