An operating lease is

Name: An operating lease is
Brand: Quizplus
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An operating lease is a rental agreement where the lessor (the owner of an asset) allows the lessee (the user of the asset) to use it for a specified period in exchange for periodic rental payments. At the end of the lease, the lessee returns the asset to the lessor. Operating leases are often used for equipment and vehicles, and the lessor retains ownership and control of the asset.

An Operating Lease Is