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Lease:
Where you pay rentals to use an asset (in operating lease where you do not own the
asset but only hire it, for example hire purchases)
Where you pay lease payments with interest (in finance lease where you do own the
asset, for example your house on mortgage)
Loan:
Where you borrowed an asset(mostly cash) and you payback with interest over the time
period of the loan.
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∙ 14y ago
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Is renting or leasing a house is NOT considered an alternative to borrowing on credit?
yes
What is the difference between finance and investment?
An investment is to spend money to buy some permanent good, either for private use or to use as a tool to earn more money. The property you buy is also often called an investment. Finance is the way you get the money before you spend it. You can finance something by saving until you have gathered enough money, by borrowing money, by leasing, by selling some property you already have, and many other ways.
What is the difference between a loan and an overdraft?
an overdraft is over drawing on a current account in excess of the credit balance whilst a loan is the act of lending or borrowing, for temporary use with permission
What is the difference between corporate banking and private banking?
Corporate banking is the handling of money between banks and companies. Private banking is where individuals deal directly with banks, engaging in activities such as ATM withdrawals and borrowing loans.
What is International Leasing?
International leasing is the hiring or rental of contract equipment between two parties, the lessor and the lessee. The equipment is not owned by the lessee but can be used by him for the duration of the lease.
What is the difference between buying and leasing with equipment?
When you buy you are owning someting that no one can take away from you. When you lease you are borrowing someone elses things with the intent to either buy them outright or return them when you are done with them.
Renting or leasing a house is NOT considered an alternative to borrowing on credit.?
true
What is the difference between leasing and half leasing a horse?
Leasing is full (full payment, full use) Half lease is (Half payment of board and usually restricted riding times)
Is renting or leasing a house is NOT considered an alternative to borrowing on credit?
yes
Whats the difference between buying a car with a loan and leasing a car?
When you have paid off the loan the car becomes yours. When leasing a car it never becomes yours.
What is the difference between a lease agreement and a commercial lease agreement?
A lease agreement could be for the cases of private leasing including residential purposes. A commerical lease agreement is leasing for use of businesses.
What is the difference between letting and leasing?
The terms letting and leasing are typically tied to the real estate industry. Letting is the practice of signing a new lease for each tenant. Leasing and subleasing refer to a tenant who decides to rent a specific piece of their property to another party.
What is the difference between cultural borrowing and cultural diffusion?
Cultural borrowing is the adoption of ones culture traits by another group. While cultural diffusion is the spreading of knowledge as to where cultural borrowing is the gaining of ones culture traits to another anonymous group. Tell me if this helps!?
The relationship between culture borrowing and inventions?
Cultural borrowing is the borrowing of another culture's objects to better your culture. Invention is creating something that belongs purely to you.
What is the difference between borrowing from a bank and peer to peer lending?
There really is no difference in this case, as they are both much less profitable and fun when compared to sneaking into a bank at the dead of night to fool around with laser pointers.
What is the relation between Public borrowing and price level?
if the increase the public borrowing increase the price level of economy.
What is different between conventional leasing and Islamic ijarah?
yes
