SYNTHETIC LEASE Definition

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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

CAGR see COMPOUND ANNUAL GROWTH RATE.

ACCRUAL ACCOUNTING see ACCRUAL BASIS OF ACCOUNTING.

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