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Glossary > S > "Synthetic Lease" Definition

Synthetic Lease

An operating lease that is structured in a way so that it is not recorded as a liability on the balance sheet. Instead, it is considered to be an expense on the income statement.

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Synthetic Lease - An operating lease that is structured in a way so that it is not recorded as a liability on the balance sheet. Instead, it is considered to be an expense on the income statement.

Synthetic Lease : an operating lease that is structured in a way so that it is not recorded as a liability on the balance sheet. instead, it is considered to be an expense on the income statement.