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operating lease
op·er·at·ing lease (plural op·er·at·ing leas·es)


noun 
Definition:
 
finance lease of business asset: a contract through which a person or organization rents an asset for use in business from its owner for an agreed amount
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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