TERMIUM Plus®
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INITIAL DIRECT COSTS [4 records]
Record 1 - internal organization data 2024-10-16
Record 1, English
Record 1, Subject field(s)
- Financial Accounting
- Finance
Record 1, Main entry term, English
- interest rate implicit in the lease
1, record 1, English, interest%20rate%20implicit%20in%20the%20lease
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 DEF
... the rate of interest that causes the present value of the lease payments and the unguaranteed residual value to equal the sum of the fair value of the underlying asset and any initial direct costs of the lessor. 2, record 1, English, - interest%20rate%20implicit%20in%20the%20lease
Record 1, French
Record 1, Domaine(s)
- Comptabilité générale
- Finances
Record 1, Main entry term, French
- taux d'intérêt implicite du contrat de location
1, record 1, French, taux%20d%27int%C3%A9r%C3%AAt%20implicite%20du%20contrat%20de%20location
correct, masculine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
- taux d'intérêt implicite du bail 2, record 1, French, taux%20d%27int%C3%A9r%C3%AAt%20implicite%20du%20bail
correct, masculine noun
Record 1, Textual support, French
Record 1, Spanish
Record 1, Textual support, Spanish
Record 2 - internal organization data 2009-01-09
Record 2, English
Record 2, Subject field(s)
- Financial Accounting
- Finance
Record 2, Main entry term, English
- initial leasing costs
1, record 2, English, initial%20leasing%20costs
correct, plural
Record 2, Abbreviations, English
Record 2, Synonyms, English
- initial direct costs 2, record 2, English, initial%20direct%20costs
correct, plural
Record 2, Textual support, English
Record number: 2, Textual support number: 1 DEF
In accounting for leases, the costs incurred by the lessor that are directly associated with negotiating and executing a specific leasing transaction, e.g., commissions, legal fees and costs of preparing and processing documents for new leases. 3, record 2, English, - initial%20leasing%20costs
Record number: 2, Textual support number: 1 OBS
Compare with "executory costs." 4, record 2, English, - initial%20leasing%20costs
Record 2, French
Record 2, Domaine(s)
- Comptabilité générale
- Finances
Record 2, Main entry term, French
- coûts initiaux de location
1, record 2, French, co%C3%BBts%20initiaux%20de%20location
correct, masculine noun, plural
Record 2, Abbreviations, French
Record 2, Synonyms, French
- frais initiaux de location 1, record 2, French, frais%20initiaux%20de%20location
correct, masculine noun, plural
- frais initiaux directs 1, record 2, French, frais%20initiaux%20directs
correct, masculine noun, plural
Record 2, Textual support, French
Record number: 2, Textual support number: 1 DEF
Frais directement reliés à la négociation et à la finalisation d'un contrat de location. 1, record 2, French, - co%C3%BBts%20initiaux%20de%20location
Record number: 2, Textual support number: 1 OBS
Ces frais comprennent les commissions, les frais juridiques et les coûts qu'entraînent la préparation et la rédaction des documents ayant trait au contrat de location. 1, record 2, French, - co%C3%BBts%20initiaux%20de%20location
Record 2, Spanish
Record 2, Textual support, Spanish
Record 3 - internal organization data 2007-11-05
Record 3, English
Record 3, Subject field(s)
- Accounting
- Government Contracts
Record 3, Main entry term, English
- executory costs
1, record 3, English, executory%20costs
correct, plural
Record 3, Abbreviations, English
Record 3, Synonyms, English
Record 3, Textual support, English
Record number: 3, Textual support number: 1 DEF
In accounting for leases, the costs related to the operation of leased property, e.g., insurance, maintenance cost and property taxes. 1, record 3, English, - executory%20costs
Record number: 3, Textual support number: 1 OBS
Compare to "initial direct costs". 2, record 3, English, - executory%20costs
Record 3, Key term(s)
- executory cost
Record 3, French
Record 3, Domaine(s)
- Comptabilité
- Marchés publics
Record 3, Main entry term, French
- frais accessoires
1, record 3, French, frais%20accessoires
correct, masculine noun, plural
Record 3, Abbreviations, French
Record 3, Synonyms, French
Record 3, Textual support, French
Record number: 3, Textual support number: 1 DEF
Frais reliés à l'utilisation d'un bien loué (assurances, entretien, impôts fonciers, etc.). 1, record 3, French, - frais%20accessoires
Record 3, Spanish
Record 3, Textual support, Spanish
Record 4 - internal organization data 2006-11-21
Record 4, English
Record 4, Subject field(s)
- Financial Accounting
Record 4, Main entry term, English
- gross investment in the lease
1, record 4, English, gross%20investment%20in%20the%20lease
correct
Record 4, Abbreviations, English
Record 4, Synonyms, English
Record 4, Textual support, English
Record number: 4, Textual support number: 1 CONT
The pronouncement replaces the dual entry approach, which initially charged direct costs to expense and then reclassified them as an asset, with direct capitalization of initial direct costs as part of the gross investment in the lease. 2, record 4, English, - gross%20investment%20in%20the%20lease
Record 4, French
Record 4, Domaine(s)
- Comptabilité générale
Record 4, Main entry term, French
- investissement brut dans le contrat de location
1, record 4, French, investissement%20brut%20dans%20le%20contrat%20de%20location
correct, masculine noun
Record 4, Abbreviations, French
Record 4, Synonyms, French
Record 4, Textual support, French
Record number: 4, Textual support number: 1 DEF
Somme des paiements minimaux exigibles par le bailleur en vertu d'un contrat de location-financement ou de location-vente, majorée de toute valeur résiduelle non garantie revenant au bailleur. 1, record 4, French, - investissement%20brut%20dans%20le%20contrat%20de%20location
Record 4, Spanish
Record 4, Textual support, Spanish
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