implicit finance charge definition

implicit finance charge means the amount determined, in connection with a lease, by
implicit finance charge means the sum of all
implicit finance charge. , in relation to a lease, means the amount determined by,

More Definitions of implicit finance charge

implicit finance charge for a lease means the total of the periodic payments plus the assumed residual payment less the capitalized amount;

Related to implicit finance charge

  • Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.

  • Finance Charges means, with respect to a Contract, any finance, interest, late payment charges or similar charges owing by an Obligor pursuant to such Contract.