Lease
Lease - a contract according to which the lessor transfers the lessee the right to use an asset for a agreed period of time in exchange for payment or a series of payments
Source: International Financial Reporting Standard (IFRS) 17 "Leases" (July 18, 2012 edition) (introduced into force on the territory of the Russian Federation by Order of the Ministry of Finance of the Russian Federation dated November 25, 2011 No. 160n)
- lease (or property rental) - a contract under which one party (the lessor) undertakes to provide another party (the lessee) with certain property for temporary use for a specified compensation;
Source: Order of OJSC "Russian Railways" dated July 2, 2009 No. 1399r "On approval of the methodology for calculating rates for the provision of locomotives by OJSC "Russian Railways" to other organizations"