A type of leasing popular in the UK and a few smaller European states. It is almost identical with “Financial LeasingA leasing contract, under which, the... More” or “Contract Purchase"Contract Purchase" is a form of leasing... More”. “Hire purchaseA type of leasing popular in... More” is used mainly for vehicles and equipment, while “Financial LeasingA leasing contract, under which, the... More” is used also for real estate. Hire purchaseA type of leasing popular in... More contracts emphasize the obligation to purchase the leasing assetThe leasing asset is the subject... More at the end of the contract, while “Financial LeasingA leasing contract, under which, the... More” contracts sometimes have asset-return options /purchase is just a possibility/.
