64.91 Financial leasing
This class includes: - leasing where the term approximately covers the expected life of the asset and the lessee acquires substantially all the benefits of its use and takes all the risks associated with its ownership. The ownership of the asset may or may not eventually be transferred. Such leases cover all or virtually all costs including interest. This class excludes: - operational leasing, see division 77, according to type of goods leased
Where 64.91 sits in the DB07 hierarchy
64.91 in other classification systems
Equivalent and related codes across 1 other system. Click any code to see its full definition, hierarchy, and crosswalks.
Other DB07 codes under 64.91 Financial leasing
Frequently asked questions
- What is DB07 64.91?
- DB07 64.91 is "Financial leasing". This class includes: - leasing where the term approximately covers the expected life of the asset and the lessee acquires substantially all the benefits of its use and takes all the risks associated with its ownership. The ownership of the asset may or may not eventually be transferred. Such leases cover all or virtually all costs including interest. This class excludes: - operational leasing, see division 77, according to type of goods leased
- How does DB07 64.91 map to other classification systems?
- 64.91 Financial leasing has equivalents in NACE Rev 2 (64.91). These crosswalks let you translate this code between DB07 and 1 other classification system.
- What is the parent category of 64.91?
- 64.91 Financial leasing sits under 64.91 Financial leasing in the DB07 hierarchy.
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