Switch to text-only version for screen readers & visually impaired
Wachovia logo: go to home page


CORPORATE AND INSTITUTIONAL GLOSSARY


Alphabetical Listing
Search  
K X Y Z #
P
Par
Pip
Current TermPurchase Option
Put
Purchase Option
A provision by which a lessee has the right to purchase the equipment at the end of the lease. The purchase option may be stated at fair market value.