minimum lease payments

The payments over the lease term that the lessee is or can be required to make, excluding contingent rent, costs for services and taxes to be paid by and reimbursed to the lessor, together with:

  1. for a lessee, any amounts guaranteed by the lessee or by a party related to the lessee; or
  2. for a lessor, any residual value guaranteed to the lessor by:
    1. the lessee;
    2. a party related to the lessee; or
    3. a third party unrelated to the lessor that is financially capable of discharging the obligations under the guarantee.

(According to International Accounting Standards IAS 17)

Article ID: 2072
Last updated: 16 Feb, 2022
Bản cập nhật: 3
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