Capital lease

Definition

A lease obligation that has to be capitalized on the balance sheet.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University


Term of the Day

Covenant
An agreed action to be undertaken (Positive) or not done (Negative). A breach of a covenant is a default.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!

Create your free portfolio