Capitalized Lease Obligations definition: Copy, customize, and use instantly
Introduction
The term "Capitalized Lease Obligations" refers to the obligations a lessee incurs under a lease that is considered a capital lease according to accounting standards. These obligations must be recorded on the lessee's balance sheet as both liabilities and assets, highlighting the financial commitment over time. Capitalized lease obligations are crucial in determining the financial position of an entity and ensuring accurate reporting of long-term liabilities.
Below are various examples of how "Capitalized Lease Obligations" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Capitalized Lease Obligations" as financial liabilities
This definition ties "Capitalized Lease Obligations" to the financial liabilities incurred through capital lease agreements, which are recorded on the lessee's balance sheet.
"Capitalized Lease Obligations" means all liabilities arising under leases classified as capital leases in accordance with generally accepted accounting principles (GAAP), which are recorded on the balance sheet.
Definition of "Capitalized Lease Obligations" as lease liabilities
This definition connects "Capitalized Lease Obligations" to the lease liabilities that a company is required to recognize due to capital lease agreements.
"Capitalized Lease Obligations" refers to liabilities for leases that are classified as capital leases and recognized as such under applicable accounting rules.
Definition of "Capitalized Lease Obligations" as accounting entries
This definition links "Capitalized Lease Obligations" to the necessary accounting entries for capital leases.
"Capitalized Lease Obligations" means the recorded liabilities for leases that meet the criteria for capital lease treatment under GAAP, recognized as obligations on the lessee's financial statements.
Definition of "Capitalized Lease Obligations" as asset and liability recognition
This definition applies "Capitalized Lease Obligations" to the recognition of both the asset and liability in financial statements.
"Capitalized Lease Obligations" refers to both the asset and the corresponding liability that must be recognized in the financial statements of the lessee under capital lease agreements.
Definition of "Capitalized Lease Obligations" as lease payments
This definition ties "Capitalized Lease Obligations" to the payments made under capital lease contracts, emphasizing the obligation to fulfill these payments.
"Capitalized Lease Obligations" means the total amount of payments due under capital lease contracts, which are capitalized as liabilities on the lessee’s balance sheet.
Definition of "Capitalized Lease Obligations" as non-cancellable leases
This definition connects "Capitalized Lease Obligations" to non-cancellable lease contracts that qualify for capital lease treatment.
"Capitalized Lease Obligations" refers to the obligations incurred under non-cancellable leases, classified as capital leases for accounting purposes.
Definition of "Capitalized Lease Obligations" as long-term debt
This definition links "Capitalized Lease Obligations" to the long-term debt incurred through capital leases.
"Capitalized Lease Obligations" means the long-term debt liability arising from capital lease agreements, recognized on the balance sheet as both an asset and liability.
Definition of "Capitalized Lease Obligations" as amortizable obligations
This definition applies "Capitalized Lease Obligations" to the obligations that can be amortized over the lease term.
"Capitalized Lease Obligations" refers to obligations arising under capital leases, which are subject to amortization over the life of the lease.
Definition of "Capitalized Lease Obligations" as lease term obligations
This definition ties "Capitalized Lease Obligations" to the obligations extending throughout the lease term.
"Capitalized Lease Obligations" means all obligations of a lessee under a capital lease, which extend throughout the lease term and are subject to capital lease accounting treatment.
Definition of "Capitalized Lease Obligations" as payment structure obligations
This definition connects "Capitalized Lease Obligations" to the structured payment obligations within a capital lease agreement.
"Capitalized Lease Obligations" refers to the structured payments due under capital leases, which must be recorded as liabilities in the lessee's financial reporting.
Definition of "Capitalized Lease Obligations" as liability and asset balance
This definition links "Capitalized Lease Obligations" to the balance of liability and asset recorded in financial statements.
"Capitalized Lease Obligations" means the liability and corresponding asset that must be recorded on the balance sheet of the lessee in accordance with accounting standards for capital leases.
Definition of "Capitalized Lease Obligations" as current and non-current liabilities
This definition ties "Capitalized Lease Obligations" to both current and non-current portions of liabilities.
"Capitalized Lease Obligations" refers to both current and non-current liabilities arising from capital lease agreements, with the current portion due within the year.
Definition of "Capitalized Lease Obligations" as financial reporting requirements
This definition applies "Capitalized Lease Obligations" to the requirements for financial reporting of capital leases.
"Capitalized Lease Obligations" means the financial obligations that must be recognized and disclosed in financial reports as capital leases in accordance with GAAP.
Definition of "Capitalized Lease Obligations" as future payment obligations
This definition ties "Capitalized Lease Obligations" to future payment commitments under capital lease agreements.
"Capitalized Lease Obligations" refers to the total future payments required under capital leases, recognized as liabilities on the balance sheet.
Definition of "Capitalized Lease Obligations" as security interests
This definition connects "Capitalized Lease Obligations" to obligations secured by assets under capital lease arrangements.
"Capitalized Lease Obligations" means the obligations incurred under capital leases that may be secured by the leased asset as collateral.
Definition of "Capitalized Lease Obligations" as financing arrangements
This definition links "Capitalized Lease Obligations" to the financing arrangements established by capital leases.
"Capitalized Lease Obligations" refers to the financing arrangements created through capital lease agreements, which must be recorded on the lessee’s balance sheet.
Definition of "Capitalized Lease Obligations" as lease term extensions
This definition applies "Capitalized Lease Obligations" to situations where the lease term is extended, affecting the obligations.
"Capitalized Lease Obligations" means the obligations arising from lease term extensions under capital leases, impacting the overall lease liability.
Definition of "Capitalized Lease Obligations" as asset acquisition costs
This definition ties "Capitalized Lease Obligations" to the costs of acquiring assets under capital leases.
"Capitalized Lease Obligations" refers to the costs incurred for acquiring leased assets through capital lease arrangements, which are recorded as liabilities.
Definition of "Capitalized Lease Obligations" as accounting treatment
This definition links "Capitalized Lease Obligations" to the accounting treatment of leases that meet the capital lease criteria.
"Capitalized Lease Obligations" means the liabilities arising from capital leases, which must be accounted for under the capital lease rules set forth in GAAP.
Definition of "Capitalized Lease Obligations" as lease classification criteria
This definition connects "Capitalized Lease Obligations" to the classification criteria for determining a capital lease.
"Capitalized Lease Obligations" refers to the obligations arising under leases that meet the classification criteria for capital leases, including the transfer of ownership or lease term.
Definition of "Capitalized Lease Obligations" as minimum lease payments
This definition applies "Capitalized Lease Obligations" to the minimum lease payments required under capital lease agreements.
"Capitalized Lease Obligations" means the minimum lease payments due under capital lease agreements, which must be recognized as liabilities.
Definition of "Capitalized Lease Obligations" as interest obligations
This definition ties "Capitalized Lease Obligations" to the interest obligations inherent in capital lease arrangements.
"Capitalized Lease Obligations" refers to the interest obligations associated with capital lease agreements, recognized as liabilities on the lessee’s balance sheet.
Definition of "Capitalized Lease Obligations" as asset depreciation
This definition links "Capitalized Lease Obligations" to the depreciation of assets leased under capital lease agreements.
"Capitalized Lease Obligations" means the obligations under capital leases that are subject to asset depreciation over the lease term.
Definition of "Capitalized Lease Obligations" as right to use assets
This definition applies "Capitalized Lease Obligations" to the right to use leased assets, treated as capitalized obligations.
"Capitalized Lease Obligations" refers to the lessee’s obligations under a capital lease, providing the right to use the leased asset while recognizing the liability on the balance sheet.
Definition of "Capitalized Lease Obligations" as debt-equivalent liabilities
This definition ties "Capitalized Lease Obligations" to liabilities that are similar to debt under capital lease arrangements.
"Capitalized Lease Obligations" means liabilities that, under capital lease accounting, are treated similarly to debt and must be recorded on the balance sheet.
Definition of "Capitalized Lease Obligations" as secured debt
This definition connects "Capitalized Lease Obligations" to secured debt created by capital lease contracts.
"Capitalized Lease Obligations" refers to secured debt created under capital leases, where the leased property serves as collateral for the obligation.
Definition of "Capitalized Lease Obligations" as obligations related to leased assets
This definition links "Capitalized Lease Obligations" to obligations specifically related to leased assets in capital lease contracts.
"Capitalized Lease Obligations" means obligations directly associated with the leased asset, which are classified as capital leases in financial statements.
Definition of "Capitalized Lease Obligations" as contingent liabilities
This definition applies "Capitalized Lease Obligations" to contingent liabilities arising from capital lease agreements.
"Capitalized Lease Obligations" refers to the contingent liabilities of the lessee that arise under capital lease agreements, which must be disclosed in financial reports.
Definition of "Capitalized Lease Obligations" as fixed asset purchases
This definition ties "Capitalized Lease Obligations" to the purchase of fixed assets through capital leases.
"Capitalized Lease Obligations" means the obligations arising from the purchase of fixed assets through capital leases, recognized as liabilities.
Definition of "Capitalized Lease Obligations" as financial statement impacts
This definition connects "Capitalized Lease Obligations" to the impact of capital leases on financial statements.
"Capitalized Lease Obligations" refers to the financial obligations that affect the balance sheet, arising from capital lease agreements.
Definition of "Capitalized Lease Obligations" as long-term liabilities
This definition links "Capitalized Lease Obligations" to long-term liabilities recognized from capital lease agreements.
"Capitalized Lease Obligations" means long-term liabilities that arise from leases considered capital leases under applicable accounting standards.
Definition of "Capitalized Lease Obligations" as tax treatment obligations
This definition ties "Capitalized Lease Obligations" to obligations that may have tax implications under capital lease arrangements.
"Capitalized Lease Obligations" refers to liabilities arising from capital lease agreements, which may impact tax treatment and financial reporting.
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