INITIAL DIRECT COSTS


Meaning of INITIAL DIRECT COSTS in English

Costs incurred by the lessor that are directly associated with negotiating and consummating a lease. These costs include- but are not necessary limited to- commissions- legal fees- costs of credit investigations- the cost of preparing and processing documents for new leases acquired and so forth.

Finance-Leasing English vocabulary.      Английский словарь финансов и лизинга.