Finance lease

Leasing agreement under which all rights and obligations associated with ownership of the leased asset are transferred to the lessee for the term of the agreement. Since December 2008, such service providers have required a license from the German Federal Financial Supervisory Authority. – See Leasing business, self-financing. – See BaFin Annual Report 2008, p. 110 (in 2008, approximately 24 percent of all fixed asset investments were made via finance leases), BaFin Annual Report 2009, p. 158 (Supervisory Cornerstones), and the respective BaFin Annual Report, chapter “Supervision of Banks, Financial Service Providers, and Payment Institutions.”

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/