Leasing

Leasing is a particular type of investment activity in which the lessor (leasing company) acquires from provider equipment (leased asset). Then it is for a fee, subject to certain conditions, and a fixed term leases it to the lessee (the client). All this implies a subsequent transfer of ownership to the lessee.
In modern practice, international leasing is increasingly used with the leasing companies of the two foreign countries. People apply to cases in such variants where, for example, there are no machinery and equipment suppliers in my country.
Most often, the need for international financial leasing occurs when large-scale projects. Using a form of international leasing provides an opportunity to save money significantly and bring innovation to the country [Tekom lease].
A lease is a contract outlining the terms under which one party agrees to rent an asset—in this case, property—owned by another party. It guarantees the lessee, also known as the tenant, use of the property and guarantees the lessor (the property owner or landlord) regular payments for a specified period in exchange. The lessee and the lessor face consequences if they fail to uphold the terms of the contract. A lease is a form of incorporeal right [Investopedia].

Sources:

What Is a Lease? Investopedia. Retrieved from: https://www.investopedia.com/terms/l/lease.asp

What is leasing. Tekom lease. Retrieved from: https://tekom-lease.com.ua/en/what-is-leasing/