The lease payment is typically 5-15% higher than rent might be for the same property.
The price was apparently reduced because his father had received one year's lease payment.
Or maybe he was just vain and had been struggling with a heavy lease payment.
Instead, the lease payments are recorded as an expense on the income statement.
Other than making lease payments, the shipping lines generally do not help pay for improvements.
The lease payments have counted toward purchase of the equipment.
Still, he said, should the federal government decide to require lease payments, the company would "absolutely" pay.
The county would receive the cash now and make lease payments for years.
The lease payments would total more than the bank paid for the house, but that is not considered interest.
These include future interest rates, variable lease payments, the company's tax position and so on.