See Also: Walk-Away Lease - Motor Sports(gambling)
Lease - Motor Sports(gambling)
End of Lease Payment - Motor Sports(gambling)
Lease Rate - Motor Sports(gambling)
Closed-End Lease - Motor Sports(gambling)
Lease-End Residual Value - Motor Sports(gambling)
Lease Term - Motor Sports(gambling)
Open-End Lease - Motor Sports(gambling)
Subvented Lease - Motor Sports(gambling)
Walk the Course - Equestrian Sports(gambling)
Walk-Away Lease - Motor Sports (gambling)
Another name for a closed-end lease. A leasing contract in which the residual value, or final value, of the vehicle at the end of the term, has been specified. The lessee is not required to buy the vehicle, or make up any shortfall in its residual value.
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