LEASE RATE
The interest rate; payment made in a certain period indicated in the lease contract for renting an asset like a property or an automobile. The lease rate the lessor earns from allowing an individual to use the asset compensates him or her for not being able to use the property in something else during the lease term.
In real estate, the lease rate is equal to amount per square foot of space per year; while in an automobile lease, it is based on the car’s anticipated depreciation and residual value, as well as the lease rate, which is expressed in percentage.
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A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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