single-payment lease
- 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
- To save on interest costs, the company opted for a single-payment lease for their new office space.
- In a single-payment lease, the tenant paid the entire lease amount upfront.
- With a single-payment lease, the business paid the landlord the full lease amount at the beginning.
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