The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

NET ADVANTAGE TO LEASING Definition & Legal Meaning

Definition & Citations:

Current fund amount an entity saves from an asset’s lease versus its outright purchase. This is calculated by subtracting the interest rate on borrowing money to purchase the asset from the asset’s possible depreciation. If this number is a positive value, a lease is advisable; if the number is negative, buying is advisable.

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