gross lease

gross lease definition - finance
A property lease in which the landlord pays all of the expenses associated with owning property, or all of the expenses up to a certain amount. These expenses typically include insurance, taxes, repairs, and utility expenses. A gross lease is commonly used with short-term leases.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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