What is the definition of Break-even lease payment? | Dictionary.net

BREAK-EVEN LEASE PAYMENT

\bɹˈe͡ɪkˈiːvən lˈiːs pˈe͡ɪmənt], \bɹˈe‍ɪkˈiːvən lˈiːs pˈe‍ɪmənt], \b_ɹ_ˈeɪ_k_ˈiː_v_ə_n l_ˈiː_s p_ˈeɪ_m_ə_n_t]\

Definitions of BREAK-EVEN LEASE PAYMENT

1910 - Black's Law Dictionary (2nd edition)

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The lease payment at which a party to a prospective lease is indifferent between entering and not entering into a lease arrangement.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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