novated lease

/ (nəʊˈveɪtɪd) /

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noun

Australian a system for purchasing a car in which an employer makes lease payments on behalf of an employee who eventually owns the car

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Words nearby novated lease

Novara, Nova Scotia, Nova Scotia duck tolling retriever, Nova Scotian, Nova Scotia salmon, novated lease, novation, Novato, Novaya Zemlya, novel, novel coronavirus

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

How to use novated lease in a sentence

Increasingly, criminals actually lease their malware from a group that guarantees their malware against detection.
No, North Korea Didn’t Hack Sony|Marc Rogers|December 24, 2014|DAILY BEAST
Ironically, as pope, his championing of the poor has given Liberation Theology a new lease on life.
How Pope Francis Became the World’s BFF|Jason Berry|December 21, 2014|DAILY BEAST
So Wilson had to innovate a new business plan—a $950 monthly lease, with 2,000 free copies.
Pioneers in Printing|The Daily Beast|October 21, 2014|DAILY BEAST
The schools buy or lease nearly everything from companies owned by Mitchell.
At This Creepy Libertarian Charter School, Kids Must Swear ‘to Be Obedient to Those in Authority’|ProPublica|October 15, 2014|DAILY BEAST

He has underpinned his future program by winning from NASA a 20-year lease on the legendary launch pad 39A at Cape Canaveral.
Tycoons in Space: One in Orbit and One Still Grounded|Clive Irving|October 5, 2014|DAILY BEAST
He wishes to cultivate it still, and offers to renew the lease for any number of years, and pay the rent punctually.
Glances at Europe|Horace Greeley
The rent for which the owner can lease it, emerges simply as a consequence of the existing state of wages and prices.
The Unsolved Riddle of Social Justice|Stephen Leacock
He and his friends obtained the lease, for thirty-one years, of a rival line, which turned out a great financial success.
Fifty Years of Railway Life in England, Scotland and Ireland|Joseph Tatlow
If the time be less, a verbal lease may be made, even though the lessee does not take immediate possession of the premises.
Putnam's Handy Law Book for the Layman|Albert Sidney Bolles
A lease to a specified day continues during the whole of it, though custom or statute may prescribe a different rule.
Putnam's Handy Law Book for the Layman|Albert Sidney Bolles