open-end lease


open-end lease
A lease agreement that provides for an additional payment at the expiration of the lease to adjust for any change in the value of the property. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Look at other dictionaries:

  • open end lease — With an open end lease, there is still a residual value set at the beginning of the lease. However, if the car is worth less than the residual value at the lease s end, the lessee must pay the difference. In other words, the lessee assumes the… …   Dictionary of automotive terms

  • open-end lease — Lease with no fixed termination date. UNO Leasing Corp. v. Rollins & Hollins, Inc., et al., La.App., 448 So.2d 1329, 1333 …   Black's law dictionary

  • Open-End Lease — A rental agreement that obliges the lessee (the person making periodic lease payments) to make a balloon payment at the end of the lease agreement amounting to the difference between the the residual and fair market value of the asset. Also… …   Investment dictionary

  • end lease — See closed end lease open end lease …   Dictionary of automotive terms

  • lease — Form of contract transferring the use of a vehicle in consideration of payment. Also see closed end lease off lease open end lease subsidized lease subvented lease …   Dictionary of automotive terms

  • end — See belt end big end bitter end bottom end drive end drive end bracket female end firing end front end front end alignment …   Dictionary of automotive terms

  • Open Communication — In business, Open Communication (or Open Access to Communication resources) can be a term used to describe a concept that anyone, on equal conditions with a transparent relation between cost and pricing, can get access to and share communication… …   Wikipedia

  • Lend-Lease Sherman tanks — Infobox Weapon name=Medium Tank M4A2 Sherman III caption=Medium Tank M4A2 Sherman III . Most of these, the only large production diesel variant, were Lend Leased to the Allies origin=flagcountry|United States type= is vehicle=yes crew=5… …   Wikipedia

  • Office of Parks and Open Spaces of Zurich — Type Municipal Department Founded Zurich, Switzerland (1858) Products Planning; Construction and Maintenance of Parks, Green spaces and Open spaces; Landscape Development; Nature Preservation; Garden A …   Wikipedia

  • re-lease — (ˈ)rē+ transitive verb Etymology: re + lease : to lease again : grant a new lease of * * * /ree lees /, v., re leased, re leasing, n. v.t. 1. to lease again. 2. Law. to make over (land, property, etc.), as to another. n …   Useful english dictionary


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