Guy1: Yo I heard you were trying to hook up with Whitney. It's not happening, she's been with Jack since middle school!
Guy2: Na man she finally broke up with him, I just got her Off-Lease.
Guy1: Wow, you know you will either end up as her rebound guy or marry her right?
Guy2: Na man she finally broke up with him, I just got her Off-Lease.
Guy1: Wow, you know you will either end up as her rebound guy or marry her right?
by nypaliguy September 17, 2009
A finance lease is where a loaned asset is (in most cases) pimped to one party for the useful lifetime of it.
In the accounts of business, it is recorded much the same as a hire-purcase agreement. It is reocrded in the balance sheet (as at <date>) as the cost of the fixed asset (excluding interest) less the provision for dep'n. It is also recorded in the trading profit and loss account (for year ended <date>) as interest due for the year and the dep'n.
The balance sheet also record finance leasing as a liability for future payments (excluding intrest), see accruals, shared betwixt current liabilities and long-term liabilities.
In the accounts of business, it is recorded much the same as a hire-purcase agreement. It is reocrded in the balance sheet (as at <date>) as the cost of the fixed asset (excluding interest) less the provision for dep'n. It is also recorded in the trading profit and loss account (for year ended <date>) as interest due for the year and the dep'n.
The balance sheet also record finance leasing as a liability for future payments (excluding intrest), see accruals, shared betwixt current liabilities and long-term liabilities.
We have secured a finance lease.
by Kung-Fu Jesus April 30, 2004
Something kids & teens say when there is an opportunity or situation to do something terrifying. Often used when trying to sound grown up.
by Louise_East November 23, 2011
A lengthy prison term -- usually reserved for life-sentences -- that indicates the prisoner's future housing agreement. Referenced in the infamous Frank Ocean song "White Ferrari", off of the Blonde album: "You dream of walls that hold us in prison, it's just a skull lease, that's what they call it."
by Mr. Grapedrink May 22, 2019
This is a term used in a lease contract for the rental of a horse. The quarter lease, as opposed to the half or full lease, allows the leasee to ride the said horse two times per week. The cost ranges from around $100-$350 per month depending on where you live and how talented the horse is.
I was planning to quarter-lease the horse because I don't have time to ride him more than twice a week.
by ConfidentAndCompetent August 30, 2009
by goeber May 24, 2019
Yo its the pole-lease!
by Marcus Parkes June 08, 2006