Minimum Lease Payment

Minimum Lease Payment,

What is The Meaning of Minimum Lease Payment?

  1. The landlord (and tenant) can pay the minimum rent during the lease period. To properly record the lease on the company's books, the accountant pays the minimum lease to determine the current lease price.

    • The minimum rent payment is the minimum expected amount that tenants want to rent a property.
    • The current price calculation is used to discount future lease payments to accurately reflect the time value of the money.
    • Estimate the minimum lease payments using the 90% asset recovery test, regardless of whether it is a lease or an operating lease.

Literal Meanings of Minimum Lease Payment

Minimum:

Meanings of Minimum:
  1. The smallest or smallest quantity or possible quantity, attainable or necessary.

  2. The smallest or least.

Sentences of Minimum
  1. They check passports with minimal effort

  2. This can be done with very little effort

Synonyms of Minimum

littlest, lowest level, rock bottom, rock-bottom, least possible, smallest, bottom, lower limit, least, minutest, minimal, bottom level, nadir, depth, lowest, slightest, base

Lease:

Meanings of Lease:
  1. Rent subsidy (property).

  2. An agreement under which one of the parties transfers land, land, services, etc. The other party, for a specified period, usually in exchange for regular payments.

Sentences of Lease
  1. Rent a website from a local business

  2. Six months rent in a store

Synonyms of Lease

sublet, rent, farm out, charter, hire agreement, contract, hire out, sublease, rent out, charge for the use of, leasehold, hire, rental agreement

Payment:

Meanings of Payment:
  1. The act or process of paying or receiving something or something.

  2. Amount paid or paid.

Sentences of Payment
  1. Ask for a discount if you pay immediately

  2. Temporary compensation $ 2500

Synonyms of Payment

remittance, discharge, settlement, reckoning, amount, premium, clearance, remission, liquidation, instalment