An operating lease is not capitalized; it is accounted for as a rental expense.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
operating lease — see lease Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. operating lease … Law dictionary
Operating lease — An operating lease is a lease whose term is short compared to the useful life of the asset or piece of equipment (an airliner, a ship, etc.) being leased. An operating lease is commonly used to acquire equipment on a relatively short term basis.… … Wikipedia
operating lease — See lease. American Banker Glossary short term, cancelable lease. A type of lease in which the contract period is shorter than the life of the equipment, and the lessor pays all maintenance and servicing costs. Bloomberg Financial Dictionary * *… … Financial and business terms
Operating lease — Short term, cancelable lease. A type of lease in which the period of contract is less than the life of the equipment and the lessor pays all maintenance and servicing costs. The New York Times Financial Glossary * * * operating lease operating… … Financial and business terms
operating lease — A lease under which an asset is hired out to a lessee or lessees for a period that is substantially shorter than its useful economic life. Under an operating lease, some of the risks and rewards of the ownership of the leased asset remain with… … Accounting dictionary
operating lease — A lease under which an asset is hired out to a lessee or lessees for a period that is substantially shorter than its useful economic life. Under an operating lease, the ownership of the leased asset remains with the lessor. Statement of Standard… … Big dictionary of business and management
operating lease — A lease agreement, usually cancellable, which provides the lessee with the use of an asset for a period of time which is considerably shorter than the useful life of the asset. Unlike a capital lease, the lessee in an operating lease does not… … Black's law dictionary
operating lease — veiklos nuoma statusas Aprobuotas sritis buhalterinė apskaita ir finansinė atskaitomybė apibrėžtis Nuomos rūšis, kai perduodant turtą nuomininkui neperduodama didžioji dalis rizikos ir naudos, susijusios su turto nuosavybe. atitikmenys: angl.… … Lithuanian dictionary (lietuvių žodynas)
operating lease — A *lease whose contractual terms and economic effects do not involve the transfer of the *risks and *rewards of a leased asset. Under most systems of *Generally Accepted Accounting Principles, a *lessee does not *capitalize an asset obtained… … Auditor's dictionary
operating lease — Gen Mgt a lease that is regarded by accountants as rental rather than as a capital lease. The monthly lease payments are simply treated as rental expenses and recognized on the income statement as they are incurred. There is no recognition of a… … The ultimate business dictionary