Definitions for "operating lease"
Keywords:  lessor, lessee, fasb, lease, remarket
A lease for which the lessee acquires the property for only a small portion...
A lease which is treated as a true lease, as opposed to a loan or Capital lease, for book accounting purposes. An Operating lease is accounted for by the lessee without showing the equipment as an asset or the lease as a liability on the balance sheet. Periodic payments are accounted for by the lessee as operating expenses of the period.
A term that refers to the normal landlord/tenant lease for space.
Keywords:  sheet, expense, balance, monthly, debt
a monthly expense, however it does not show on the company's balance sheet as a long term debt
Keywords:  fire, contract, see
See Contract I‑fire