Residual value

Residual value is one of the constituents of a leasing calculus or operation. ^[1]

3 relations: Depreciation, Lease, Residual value.

Depreciation

In accountancy, depreciation refers to two aspects of the same concept.

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Lease

A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset.

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Residual value

Residual value is one of the constituents of a leasing calculus or operation.

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Redirects here:

Salvage value.

References

[1] https://en.wikipedia.org/wiki/Residual_value

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