Fair market value (FMV) lease

Fair market value (FMV) lease,

Definition of Fair market value (FMV) lease:

  1. Equipment lease where the lessee has the option to either continue the lease at the FMV renewal rate, or to buy the asset at its FMV at the end of the lease term.

Meaning of Fair market value (FMV) lease & Fair market value (FMV) lease Definition