TERMIUM Plus®

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

LEASE OWN/PURCHASE [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1995-05-30

English

Subject field(s)
  • Property Law (common law)
  • Inventory and Material Management
DEF

The conveyance, by a lessor to a lessee, of the right to use a tangible asset usually for a specified period of time in return for rent. At a specified period of time the lessee may purchase the equipment outright by paying an additional specified sum.

OBS

Materiel Asset Lexicon, 1992, Supply and Services Canada.

French

Domaine(s)
  • Droit des biens et de la propriété (common law)
  • Gestion des stocks et du matériel
DEF

Contrat par lequel le bailleur donne au preneur le droit d'utiliser un bien matériel, habituellement pendant une période donnée, contre le paiement d'un loyer. À un moment précisé dans le bail, le preneur peut se porter acquéreur du matériel moyennant une somme supplémentaire précisée dans le bail.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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