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Financial Leasing
is a type of leasing by which the Lessor transfers the right of utilization and the risk of the leased goods to the Lessee. The title to the goods can be either transferred or not transferred to the Lessee at the end of the contract term.
Operational Leasing
is any kind of leasing transaction which is not a financial leasing. In the Operational Leasing, the Lessee leases the goods for a short term and returns the goods to the leasing company at the end of the lease term.
If the Lessee wishes to purchase the goods, he pays the purchase money stated in the contract.
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