Lease Financing:The Complete Reference

The present paper expresses corporate decision by comparison made by a company either an asset can be purchased or can be taken on leased. An asset may be long term or short term. To take the best option the financial manager has to consider the concept of lease. The objective of this paper is to apprise the readers about the concept, meaning, types, accounting procedure, advantages, disadvantages legal aspect and its growing popularity & problems of lease financing in context of Indian situation.