Financial leasing sales
Selling takes place when the financier of the leasing object sells the product at the end of the leasing period to the lessee or some other party.
At the end of the leasing period, the lessee has the opportunity to redeem the leased object at the price indicated by the residual value (purchasing option) or find a buyer for the object.
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Validity of the definition
- Valid until (31 December 2078)