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CORPORATE & INSTITUTIONAL GLOSSARY


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Current TermSingle Investor Tax Lease
Single Investor Tax Lease
A tax-oriented lease whereby the lessor achieves its desired rate of return via a combination of the rental payments, depreciation, and the fair market value of the equipment at the end of the original lease term. Because of the value of the tax benefit, the rental payments will be lower than for a finance lease.
See related terms: