Lease purchase agreement

 

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Lease purchase agreement

An agreement that allows for portions of lease payments to be used to purchase the leased property.



Lease purchase agreement

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Smithsonian Agreement

Smithsonian Agreement

A revision to the Bretton Woods international monetary system that was signed at the Smithsonian Institution in Washington, D.C., in December 1971. Included were a new set of par values, widened bands to +/- 2.25% of par, and an increase in the official value of gold to US$38.00 per ounce.


Cartagena Agreement

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The 1969 agreement, also known as the Andean Pact, that led ultimately to the Andean Community.


Purchase agreement

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Used in connection with project financing; an agreement to purchase a specific amount of project output per period.


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