Define: Adjusted Capitalized Cost
Adjusted Capitalized Cost means the sum of a leased item's agreed value and any additional costs during the lease, less any credits
Adjusted Capitalized Cost means the sum of a leased item's agreed value and any additional costs during the lease, less any credits.
Relevant Circumstances
- Whenever an asset is leased for business or private use
- When calculating lease payments
- At the start of a lease contract when finalizing lease terms
Relevant Sectors
- Automotive Industry
- Real Estate Industry
- Aerospace Industry