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For example, if you rent an excavator from 1 January to 15 April, on a calendar monthly arrears billing cycle, you would expect to receive an invoice at the end of January, another at the end of February, another at the end of March and a final Off-rent invoice would be generated at the point when the asset is returned.
This is a list of furniture types. Furniture can be free-standing or built-in to a building. [1] They typically include pieces such as chairs, tables, storage units, and desks. [1] These objects are usually kept in a house or other building to make it suitable or comfortable for living or working in.
A rental agreement may provide for the renter or lessee to become the owner of the asset at the end of the rental period, usually at the renter's option on payment of a nominal fee. Such arrangements may be known as Rent-to-own, a term used in the United States for rental of furniture or appliances. The term is also used in the US for real ...
A furniture set consisting of a sofa with two matching chairs [17] is known as a "chesterfield suite" [18] or "living-room suite". [19] In the UK, the word chesterfield was used to refer to any couch in the 1900s. A chesterfield now describes a deep buttoned sofa, usually made from leather, with arms and back of the same height.
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