When a government transfers the rights and obligations of an asset to another legally separate governmental or private sector entity,the transaction is referred to as:

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Quizplus · Accepted Answer

This type of transaction is known as a service concession arrangement, where the government transfers the rights and obligations of an asset to another entity for the provision of public services. This is different from a capital or operating lease, as the focus is on the provision of services rather than just leasing the asset. A sale-leaseback agreement involves selling an asset and then leasing it back from the buyer, while a capital lease and operating lease are both types of lease agreements between a lessor and lessee.

When a Government Transfers the Rights and Obligations of an Asset