Economic Role of Leasing As the Basis of Property Relations

Abstract

At present, in the practice of the world economy, leasing operations are proven to be an important factor of economic stability and development in many countries. The meaning of the word "leasing" comes from the English word "to rent", but nowadays it is an important tool for the full realization of market relations, especially in the economy of developed market economy countries in the 80s of the last century. as a result of the widespread use of leasing and operations related to it in practice, these countries achieved rapid development, which caused leasing relations to become one of the important means of implementing economic activity in world practice. Since this period, many organizations and companies offering leasing services have appeared.