Financial Terms Glossary

Finance Lease


(also known as a 'Capital Lease') A lease where the user owns the equipment at the end of the lease period OR Lease term represents more than 75% of the useful life of an asset OR The current worth of future rentals is greater than 90% of the asset's value.


A contract or an agreement, with an intimidating title, that is effectively a loan to secure the use of a business asset. A form of 'hire purchase' or a 'capital lease' which is similar to raising a loan to buy a car - with the loan secured against the asset. See Capital Lease 'funny' definition.

What we do

At Shark Finesse we have created business case software to help you win budget and change the way you talk to customers about business value.
Find out how

We'd love to hear from you!

+44 (0)1256 338635
Grove House, Lutyens Close
Basingstoke, Hampshire
RG24 8AG, UK