Bargain Purchase Option

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Bargain Purchase Option

Definition: Bargain Purchase Option

Bargain Purchase Option
Cite Term
Sources

Full Definition of Bargain Purchase Option

A provision of a lease that will allow for the purchase of leased assets in the future by the person leasing it (lessee) and it at a set price that is usually so low that the lessee is almost guaranteed to use this option.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/bargain-purchase-option/
Modern Language Association (MLA):
Bargain Purchase Option. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/bargain-purchase-option/.
Chicago Manual of Style (CMS):
Bargain Purchase Option. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/bargain-purchase-option/ (accessed: April 19, 2024).
American Psychological Association (APA):
Bargain Purchase Option. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/bargain-purchase-option/

Definition Sources

Definitions for Bargain Purchase Option are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.