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Leasing definition

The leasing financing represents a contractual relation in which the lessor delivers, for an agreed period, the right of possession and use of personal goods/object, to the lessee/user, on his request, for a periodic payment, which is named “leasing installment”



At the end of the leasing period, the user has the option to buy the goods/object, to prolong the leasing contract or to stop the contractual relations.