Across
- 6. The lessor or the owner of the asset is a specialist of the asset which he is leasing out.
- 8. the lease will be for a long-period with a clear intention of conveying the ownership of title on the lessee.
- 9. is one in which the lessor recovers the full value of the leased asset by way of leasing.
- 10. the lessee uses the asset for a specific period.
- 11. leasing is a contract involving payment over a longer period.
- 12. the company providing equipment for lease may be located in a foreign country but the lessor and the lessee may belong to the same country.
- 13. the lessor enters into any tie up arrangement with manufacturer for the marketing.
Down
- 1. Where the lease is not a loan on security but qualifies as a lease.
- 2. Lease across national frontiers .
- 3. the lessor is in charge of maintenance insurance and other incidental expenses.
- 4. the value of the asset leased may be of a huge amount which may not be possible for the lessor to finance.
- 5. a company owning the asset sells it to the lessor.
- 7. Here, the parties to the lease transactions may belong to different countries which is almost similar to cross border lease.
