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EZLease
Glossary
Terminology

Terminology

Long Term Liability
Low-value asset
LVB
Maximum interest rate
Merge All AROs
Minimum Lease Payments
Monthly/Daily Operating Lease Cost
Month-to-Month leases (MTM)
Move ARO Layer
Multiple variable lease payment payments
Negative Amortization
Net ARO
Net Finance Rent
Non-lease component titles
Non-lease Components
Notice
Notify of expirations
Notify of rent changes
Number of separate years in future rent commitment report
Open Excel to display spreadsheet output
Operating Lease
Operating Lease Cost
Operating Rent Expense
Options
Ownership Transfer
Payment Frequency
Payments In Advance
Payoff Amount
Penalty
Periodic activity

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