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Glossary
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Wrap Lease
- A lease in which the lessor sells the equipment to an investor for equity and a note payable over the lease term. This method effectively transfers tax benefits to an investor.
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Wintergreen Lease
- A lease that requires the lessee to give notice to the lessor in order to renew for another term. Otherwise, the lease terminates on the already established termination date.
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Warehousing
- The short-term funding of leases before permanent funding is finalized.
