Definition of Leased line

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TeachMeFinance.com - explain Leased line




historic definition...

Leased line -- A railroad leased to another railroad; the interest and dividends on its securities are (usually) paid by the railroad to which it is leased.



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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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