Home > Terms > English, UK (UE) > Guaranteed residual value
Guaranteed residual value
(a) For a lessee, that part of the residual value that is guaranteed by the lessee or by a party related to the lessee (the amount of the guarantee being the maximum amount that could, in any event, become payable); and (b) for a lessor, that part of the residual value that is guaranteed by the lessee or by a third party unrelated to the lessor that is financially capable of discharging the obligations under the guarantee.
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Accountancy
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Food (other) Category: Festivals
sticky rice dumplings
Sticky rice dumplings, also known as "zongzi" or 粽子 in simplified Mandarin, are eaten for Dragon Boat Festival. They are made of glutinous, ...
Contributor
Featured blossaries
Browers Terms By Category
- Action toys(4)
- Skill toys(3)
- Animals & stuffed toys(2)
- Educational toys(1)
- Baby toys(1)
Toys and games(11) Terms
- Satellites(455)
- Space flight(332)
- Control systems(178)
- Space shuttle(72)
Aerospace(1037) Terms
- Lumber(635)
- Concrete(329)
- Stone(231)
- Wood flooring(155)
- Tiles(153)
- Bricks(40)
Building materials(1584) Terms
- Wedding gowns(129)
- Wedding cake(34)
- Grooms(34)
- Wedding florals(25)
- Royal wedding(21)
- Honeymoons(5)