A lease contract that provides a lessee the right to use an asset without enjoying the benefits of ownership. The...

A lease contract that provides a lessee the right to use an asset without enjoying the benefits of ownership. The...

It stands for right-of-use asset; the right (license) that is granted by a lessor to a lessee to hold, operate...

The right (license) that is granted by a lessor to a lessee to hold, operate or occupy a leased asset...