single-payment lease

Definition of "single-payment lease"
  1. A lease agreement where the entire cost is paid upfront in one lump sum instead of in regular installment payments over the term of the lease
How to use "single-payment lease" in a sentence
  1. To save on interest costs, the company opted for a single-payment lease for their new office space.
  2. In a single-payment lease, the tenant paid the entire lease amount upfront.
  3. With a single-payment lease, the business paid the landlord the full lease amount at the beginning.

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