Definition:
A specific form of investment financing, giving the investor access to investment goods without the need to purchase them. Leasing is an authorisation granted to an economic entity by the owner of components of assets to use these components in the specific period in return for agreed payment. A lease is their user without taking over ownership rights retained by the Lessor. Leasing is a special form of tenancy used among others in relation to fixed assets under which the lessor transfers to the lessee the right to use a fixed assets (without the necessity to buy it) in return for the agreed payment. (....) In terms of the period and manner of executing the ownership right after the expiry or termination of a leasing contract and the possibility of its termination, financial (capital) and operating leasing are distinguished.