Economics B A-Level
Leasing
What Leasing means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Leasing
Check what you remember
Read the wording for your board, then hide it and explain Leasing in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Allows a business to use an asset over a set period in return for regular payments, without the need for a large initial capital outlay.
Topics that use Leasing
- Types and sources of credit and the impact of credit within the economy (Pearson Edexcel A-Level)
Related terms
- Aggregate demand
- Business investment
- Financial institutions
- Loan
- Overdraft
- Share capital
- Trade credit
- Venture capital
Using Leasing in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Economics B questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Economics B A-Level termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge