TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

guaranteed residual value lease [1 record]

Record 1 1994-07-06

English

Subject field(s)
  • Trade
DEF

A lease of goods under which the lessee may be required to pay the lessor the difference between an amount specified in the lease and the market value of the goods at the end of the term.

French

Domaine(s)
  • Commerce

Spanish

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