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Glossary   >   B   >   "Bargain-purchase-price option" Definition            Bargain-purchase-price option Gives the lessee the option to purchase the asset at a price below fair market-value when the lease expires. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Bargain-purchase-price option - Gives the lessee the option to purchase the asset at a price below fair market-value when the lease expires.