Operating Lease

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Operating Lease

Definition: Operating Lease

Operating Lease
Cite Term
Sources

Full Definition of Operating Lease

A lease for which the lessee acquires the property for only a small portion of its useful life. An operating lease is commonly used to acquire equipment on a short-term basis. Any lease that is not a capital lease is an operating 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/operating-lease/
Modern Language Association (MLA):
Operating Lease. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
February 03, 2025 https://payrollheaven.com/define/operating-lease/.
Chicago Manual of Style (CMS):
Operating Lease. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/operating-lease/ (accessed: February 03, 2025).
American Psychological Association (APA):
Operating Lease. PayrollHeaven.com. Retrieved February 03, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/operating-lease/

Definition Sources

Definitions for Operating 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.