Legal nature of a financial leasing contract

Abstract

Research subject is the contract of financial leasing, its legal form and influence on finance of a company, as an alternative form of financing. In this paper the author will provide basic conceptual definition and historic development of leasing. There the author will show primary forms of leasings to the development of the contemporary form that is being used today. Leasings differ based on classification criteria, out of which the paper will be based on legal nature of financial leasing contract as a research subject. Primarily, basic elements of a leasing contract will be shown, what makes it specific in relation to operational leasing. Basis is the a financial leasing contract as a part of a leasing business and its specifics in domestic economy, i.e. the manner in which the legislator defined it. Afterwards, the authors will work on the economic side of a leasing contract to a smaller extent, i.e. the was that the employer balances it and keeps its records in accounting.

Keywords

• leasing contract
• legal nature
• balancing