A capital or capitalized lease is also known as ________.

Question

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A capital or capitalized lease is a type of lease where the lessee is obligated to make fixed payments for a fixed period of time, and the lessor retains ownership of the asset. This type of lease is also known as a financial lease because it often involves financing a large asset purchase for the lessee. Operating leases, direct leases, and leveraged leases are different types of leases that do not involve capitalizing the lease on the lessee's balance sheet.

A Capital or Capitalized Lease Is Also Known as ________