long lease

long lease
A lease that has more than 50 years to run, as defined by the Companies Act (1985).
Compare: short lease

Accounting dictionary. 2014.

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Look at other dictionaries:

  • long lease — /lɒŋ li:s/ noun a lease which runs for fifty years or more ● to take an office building on a long lease …   Marketing dictionary in english

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  • long lease — A lease that has more than 50 years to run, as defined by the Companies Act (1985). Compare short lease …   Big dictionary of business and management

  • lease — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ long, long term ▪ short, short term ▪ ten year, etc. ▪ commercial …   Collocations dictionary

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  • lease — 1 / lēs/ n [Anglo French les, from lesser to grant by lease, from Old French laisser to let go, from Latin laxare to loosen, from laxus slack] 1 a: a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment… …   Law dictionary

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  • Long Beach Naval Shipyard — in 1993 The Long Beach Naval Shipyard, which closed in 1997, was located at Terminal Island between the city of Long Beach and the San Pedro district of Los Angeles and approximately 23 miles south of the Los Angeles International Airport. The… …   Wikipedia

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