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

BATCH is a collection of things or persons to be handled or processed together.

OASDI is Old-Age, Survivors, and Disability Insurance (US Social Security).

Suggest a Term

Enter Search Term

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