Pure Lease

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Definition: Pure Lease

Pure Lease
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Full Definition of Pure Lease

An equipment lease, usually for a short term, in which the lessee does not have any purchase or renewal option. also called true lease.

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/pure-lease/
Modern Language Association (MLA):
Pure Lease. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/pure-lease/.
Chicago Manual of Style (CMS):
Pure Lease. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/pure-lease/ (accessed: April 19, 2024).
American Psychological Association (APA):
Pure Lease. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/pure-lease/

Definition Sources

Definitions for Pure Lease 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: 16th November, 2021 | 0 Views.