title transfer provision
Definition
One of the four standard capitalization criteria for determining the status of a non-cancelable lease. Lease agreements with title transfer provision pass on the ownership of the leased asset or property to the lessee at the end of the lease term. For the other three criteria see bargain purchase provision, economic life provision, and value recovery provision.
title transfer provision is in the Accounting & Auditing, Banking, Commerce & Finance and Purchasing & Procurement subjects.
title transfer provision appears in the definitions of the following terms: value recovery provision and economic life provision
This content can be found on the following page:
http://www.businessdictionary.com/definition/title-transfer-provision.html
email to a friend
print this definition
cite this definition
link to this page
