Lease equipment

Lease equipment
  All equipment located on the lease except the well to the point of the "Christmas tree."

Energy terms . 2014.

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  • equipment lease — ➔ lease2 * * * equipment lease UK US noun [C] FINANCE ► a financial arrangement in which an organization lends equipment to a company for a specific period of time in return for regular payments: »I fell into arrears on my office equipment lease… …   Financial and business terms

  • lease — a legal contract covering the possession and use of property, plant or equipment between the owner ( lessor) and another person ( lessee) at a given rent, for a stated length of time. Glossary of Business Terms A contract providing for the use of …   Financial and business terms

  • Lease — A long term rental agreement, and a form of secured long term debt. The New York Times Financial Glossary * * * ▪ I. lease lease 1 [liːs] verb [transitive] COMMERCE 1. if you lease something to someone, you give them the right to use it for a… …   Financial and business terms

  • lease — /li:s/ noun 1. a written contract for letting or renting a building, a piece of land or a piece of equipment for a period against payment of a fee ● to rent office space on a twenty year lease ♦ the lease expires next year or the lease runs out… …   Dictionary of banking and finance

  • lease — 1 / lēs/ n [Anglo French les, from lesser to grant by lease, from Old French laisser to let go, from Latin laxare to loosen, from laxus slack] 1 a: a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment… …   Law dictionary

  • equipment lease — A lease is granted by the owner of property or equipment to allow a person to have a possession of and use it for a fixed period in return for a periodic rental payment. The leasing cost is the total rental price over the period of the lease and… …   Law dictionary

  • Equipment lease assignment — Equipment Lease Agreements typically contain language prohibiting the Lessee from assigning the lease to a third party. For example, YOU HAVE NO RIGHT TO SELL, TRANSFER, ASSIGN, SUBLEASE, OR ENCUMBER THE EQUIPMENT OR THIS AGREEMENT protects the… …   Wikipedia

  • lease — I UK [liːs] / US [lɪs] noun [countable] Word forms lease : singular lease plural leases ** a legal contract in which you agree to pay to use someone else s building, land, or equipment for a specific period of time • a new lease of life II UK… …   English dictionary

  • equipment trust certificates — A common type of secured corporate bond. For these bonds, a collateral interest in equipment or machinery provides extra protection for bond holders. In most cases, the equipment that is pledged to secure the bonds is equipment or machinery that… …   Financial and business terms

  • lease — lease1 [ lis ] noun count ** a legal contract in which you agree to pay to use someone else s building, land, or equipment for a specific period of time a new lease on life 1. ) new energy and enthusiasm or better health: Taking up golf in his… …   Usage of the words and phrases in modern English

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