Explanation of leasing trade terms, explanation of international financial leasing terms

Lease credit is used by the lessor (lessor) for a certain period of time and collects rent, but the equipment is still owned by the lessor, also known as "lease credit". Leasing is a combination of credit and credit.

Lease** is also known as lease credit. The lessor delivers the goods to the lessee for use within a certain period of time in the form of lease, and collects the rent on time. Leasing in modern economic activities is a kind of business in which leasing companies lease movable property to domestic and foreign users.

These movable assets are generally more expensive, such as electronic computers, aircraft, ships, automobiles, mining equipment, textile machinery, agricultural machinery, etc., and in recent years, they have been expanded to complete sets of factories and large-scale complete sets of equipment. Under the lease**, during the lease period, the ownership of the movable property belongs to the lessor, and the right to use belongs to the lessee, and the lessee can use the income of the movable property to pay the rent, reducing the investment cost. At the same time, the lessee can replace the equipment during the lease period, often using new technology.

Financial lease.

The subject matter of financial leasing is mainly to set up a leasing company to purchase the equipment selected by the user and lease it to the user. The lease period is long, close to the service life of the equipment. During the lease period, the user shall repair and maintain the equipment by himself, and the equipment shall be owned by the user upon the expiration of the lease period.

Or the user can own the device after paying the residual value.

The equipment is leased to only one user during the entire service life, and the leasing company collects it from the lessee according to the interest on the cost of the equipment plus the expense, which is also called a "fully paid lease" or "one-time lease". This is the most basic form of rental.

Operating lease.

This form of lease has a short term, and during the validity period of the equipment, it is not only leased to one user, and the rent paid by each user is only equivalent to a part of the equipment investment, so it is also called "incomplete payment" lease. During the lease period, the lessor provides maintenance services to keep the equipment in good condition for re-lease. For the lessee, this leasing method and the services provided enable him to obtain high-tech equipment that is always in normal operation, but the rent is also relatively high.

The subject matter of an operating lease is general equipment. This type of leasing is often used when the lessee only needs to use a certain general purpose equipment for a short period of time.

The lessor of an operating lease is usually a leasing company or a professional leasing company that is also a manufacturer or a professional leasing company.

Sublease lease. When China introduces foreign equipment in the form of leasing, China's leasing company often rents equipment from foreign leasing companies as lessees, and then subleases the equipment to domestic users. On the one hand, the leasing company that operates the sublease business provides a credit guarantee for the user enterprise, that is, it bears the responsibility of paying rent in its own name.

On the other hand, it also undertakes the negotiation and signing of foreign-related leasing contracts for users, as well as various import procedures and fees.

In addition to handling subleasing, China's leasing companies also act as intermediaries to introduce foreign leasing companies to domestic user enterprises, and the user enterprises directly sign contracts with foreign companies. Chinese leasing companies issue letters of guarantee to guarantee the regular payment of rent by domestic lessees.

Leaseback leaseback. The lessee leases the facilities that originally belonged to the lessor. - The general practice is that the lessee and the lessor first sign a lease agreement, and then enter into a sales contract, and the lessor purchases the subject matter and leases it to the lessee, that is, the original owner.

This type of leasing is mainly used for immovable property, where the lessee lacks funds and ** the real estate to raise the required funds.

Leaseback leasebacks are all financial leases. The selling price of the subject property will be amortized among the rents of each instalment. Therefore, in the leaseback lease business, the selling price of the subject matter often does not reflect the true market price, but depends more on the amount of funds required by the lessee.

Of course, it is impossible to exceed the real market price.

Financial lease is the most common and basic form of non-bank finance in the world. It refers to the conclusion of a supply contract between the lessor and a third party (supplier) at the request of the lessee (user), according to which the lessor purchases the equipment selected by the lessee from the supplier at its expense. At the same time, the lessor enters into a lease contract with the lessee to lease the equipment to the lessee and collects a certain rent from the lessee.

Further information: Financial leasing means that the lessor purchases the leased object from the supplier according to the specific requirements of the lessee for the leased object and the choice of the supplier, and leases it to the lessee for use, and the lessee pays the rent to the lessor in installments, and the ownership of the leased object belongs to the lessor during the lease period, and the lessee has the right to use the leased object.

After the expiration of the lease term, the rent is paid and the lessee performs all its obligations in accordance with the provisions of the financial lease contract, if there is no agreement on the ownership of the leased property or the agreement is unclear, it may be supplemented by agreement; If a supplementary agreement cannot be reached, it shall be determined in accordance with the relevant terms of the contract or transaction customs, and if it is still uncertain, the ownership of the leased object shall belong to the lessor.

Financial leasing is a new type of financial industry integrating financing and financing, technology and technology upgrading. Due to the characteristics of the combination of financing and financing, the leasing company can handle the leased property when there is a problem, so the requirements for corporate credit and guarantee are not high when handling financing, so it is very suitable for small and medium-sized enterprise financing.

China's financial leasing is a product of the reform and opening up policy. After the reform and opening up, in order to expand international economic and technical cooperation and exchanges, open up new channels for the use of foreign capital, and absorb and introduce foreign advanced technology and equipment, in 1980, China International Trust and Investment Public Demolition Company introduced the leasing method. In April 1981, the first joint venture leasing company, China Oriental Leasing, was established, and in July of the same year, China Leasing Company was established.

The establishment of these companies marks the birth of China's financial leasing industry.

After 2007, the domestic financial leasing industry has entered a period of geometric growth. The total business volume increased from about 8 billion yuan in 2006 to about 930 billion yuan in 2011.

At the end of 2012, there were about 560 financial leasing companies registered and operating in China, including 20 financial leasing companies, 80 domestic leasing companies and about 460 foreign-funded leasing companies. The total registered capital reached 182 billion yuan, and the balance of the lease contract was about 1.55 trillion yuan.

Financial leasing is a new form of financial service that combines physical credit and bank credit under the conditions of modern large-scale production, and is a cross-field and cross-departmental cross-industry integrating finance, state-of-the-art and service. Vigorously promoting the development of financial leasing is conducive to transforming the mode of economic development and promoting.

The integrated development of secondary and tertiary industries plays an important role in accelerating commodity circulation, expanding domestic demand, promoting technological upgrading, alleviating the financing difficulties of small and medium-sized enterprises, and improving the efficiency of resource allocation. Actively developing the financial leasing industry is an inevitable choice for the development of China's modern economy.

Lease refers to the act of the lessor transferring the right to use the asset to the lessee to obtain rent within the agreed period. The main reasons for the existence of leasing are the following: tax savings; reduce transaction costs; Reduce uncertainty.

Leasing is an economic act of borrowing physical goods at a certain cost, and the lessor hands over a certain item in his possession to the lessee for use, and the lessee thus obtains the right to use the item for a period of time, but the ownership of the item remains in the hands of the lessor. The lessee pays a fee (rent) to the lessor for the right of use it obtains.

Basics. Lease parties.

Lessor: The owner of the leased property, who owns the leased property and rents the item to others for use and receives remuneration.

Lessee: The user of the rented property, rents the lessor's goods, and pays a certain fee to the lessor.

Subject matter of the lease. The subject matter of the lease refers to the object used for rent.

Lease term. That is, the term of the lease, which indicates the period during which the tenant transfers the property to the lessee for use. The term of the lease of the item shall not exceed twenty years. If it is more than 20 years old, the excess part is invalid.

At the expiration of the lease term, the parties may renew the lease contract, provided that the agreed lease term shall not exceed 20 years from the date of renewal.

Rental costs. That is, rent, which is the consideration paid by the lessee for obtaining the right to use the leased item during the lease period.

Economic

Rent can be seen as a factor that does not lead to a decrease in the supply of sails. There are many elements of income that, although different from rent as a whole, may have a portion of their income similar to rent, i.e., if this part is subtracted from the total income of that factor, it does not affect the supply of the factor.

We call this part of factor income "economic rent".

Lease zūjiè

rent;hire rental.

rentout;letout;Lease Lend-lease The United States provided war materials (such as planes, tanks, trucks, etc.) and other supplies (including food and labor) to the Allies during World War II.

Relevant Treaties. Lend-lease means the lease or mortgage of part of its territory to another State under a treaty. In such a case, during the term of the lease, the lessee uses the leased land for the purposes specified in the treaty and exercises the corresponding jurisdiction. The lessor country retains sovereignty over the leased land, which is to be recovered upon the expiration of the lease.

Lease is in accordance with modern international law if it is based on the voluntary and equal nature of both the lessee and the lessor country, and the territory is leased through a lease treaty. Historically, many Lend-Lease cases have been based on unequal treaties, illegal restrictions on the territorial sovereignty of small and weak countries by the Great Powers, and contrary to the principles of modern international law.

In addition, leasing refers to a form in which various utensils in daily life are temporarily lent to the other party in a paid manner and returned to the owner after the expiration of the contract.

Lease** refers to a long-term lease of movable property between businesses.

The lessor is generally a quasi-financial institution, that is, a leasing company affiliated with a bank or trust and investment company, and there are also professional leasing companies or manufacturers that also engage in the leasing business of their own products.

The leasing objects are mainly capital goods, including mechanical and electrical equipment, transportation equipment, construction machinery, medical equipment, aircraft and ships, and even various large-scale complete sets of equipment and facilities.

The lessee is usually a production or service enterprise.

Leases tend to be trilateral, i.e., there are three parties: the lessor, the lessee and the supplier. After the lessee selects the required equipment and businessmen, the leasing company negotiates the purchase; The general procedure is shown in Fig

In the lease**, unless the lessee itself has a good enough reputation, after the leasing company evaluates, the lease is realized within a certain amount, and the leasing company usually requires the lessee to provide a financial guarantor, such as a letter of guarantee issued by a bank, investment trust company, insurance company, etc.

The lease** is made on a credit basis. The lessor provides the lessee with the required equipment, and the lessee pays rent to the lessor on a regular basis according to the lease contract, and the ownership of the equipment belongs to the lessor, and the lessee obtains the right to use. The lease period is generally long, and it is a way to achieve medium and long-term financing in the form of financing.

Lease credit is used by the lessor (lessor) for a certain period of time and collects rent, but the equipment is still owned by the lessor, also known as "lease credit". Leasing is a combination of credit and credit. Usually the leasing company is intermediated, and the lease contract is signed with the lessee, and the sales contract is signed with the equipment owner, and the funds are provided by the leasing company.

It is a unique way for lessees to obtain equipment and to raise funds. Its forms are divided according to the purpose of the lease, including financial lease and operating lease; By trading procedure: there are direct leases, leveraged leases, and leasebacks.

It refers to the form of credit with commodities as the medium, and the lessor leases the commodity to the lessee according to the agreement (contract), and uses it for a certain period of time and collects a certain rent. It is divided into three forms: financial leasing, maintenance leasing and operating leasing.