Open-End Lease

Open-End Lease,

What is Open-End Lease?

Fixed rent is a type of lease where the lessee (regular rent payer) pays an amount equal to the difference between the remaining price and the fair price at the end of the lease term. Asset Market Open lease is also known as finance lease.

  • Open lease agreements are used for commercial and individual purposes, usually to purchase or rent a car.
  • Unlimited rent for renting an apartment or house can be based on a monthly rent between the landlord and the tenant.
  • In terms of flexibility, open leashes are usually less rigid than closed straps.

Literal Meanings of Open-End Lease

Open:

Meanings of Open:
  1. Allow access, routes or views through uninterrupted or blocked free space.

  2. Face the wind or sight.

  3. Open to each other with outer or side edges.

  4. (Business, leisure venues, etc.) Eligible customers or visitors are available for business.

  5. Free or accessible without any restrictions.

  6. (Someone) is open and communicative, not subject to deception or closure.

  7. (In questions, issues or decisions) is definitely not resolved, always leave the discussion.

  8. (Note) Comes from open wire or whistle.

  9. Let the (wire) vibrate along its length.

  10. (Circuit) which is an obstacle in the way of running.

  11. (Of letters) with relatively wide mouth and low tongue.

  12. Move or adjust (doors or windows) to make the room accessible and visible.

  13. Open or open.

Sentences of Open
  1. This walkway is open all year round with a snowman

  2. The fire was burning on the grill

  3. The store is open until 9 p.m.

  4. This service is open to all students

  5. I am very open about my opinion

  6. Subject options may remain open for another year

Synonyms of Open

frank, not afraid to call a spade a spade, honest, off the latch, plain-spoken, unfastened, unlatch, direct, unrolled, unbarred, blunt, on offer, unfasten, free-spoken, unfurled, candid, unsecured, not shut, obtainable, unfold, unfurl, straightened out, unbar, spread out, available

End:

Meanings of End:
  1. The last part of something, especially a period of time, activity or date.

  2. The farthest or extreme part or point of something.

  3. A goal or result.

  4. (Bowling and curling) Play sessions in a specific direction in the play area.

  5. An offensive or defensive lineman near the line of contact.

  6. Come or break.

Sentences of End
  1. End of year

  2. Last house

  3. Each will use the other to achieve its goals

  4. Defensive end

  5. When the war ended, politics changed

Synonyms of End

termination, conclude, ending, target, finish, object, periphery, come to an end, aim, furthermost part, terminate, stop, edge, boundary, extremity, resolution, denouement, climax, culmination, conclusion, holy grail, finale, cease, grail, border, purpose

Lease:

Meanings of Lease:
  1. An agreement in which one of the parties transfers land, goods, services, etc. other than that. Usually for a specified period through regular payment.

  2. Lease discount (property).

Sentences of Lease
  1. Six months rent in a store

  2. Renting a site from a local business

Synonyms of Lease

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