LEASING: THE CURRENT TREND OF USE IN THE REPUBLIC OF NORTH MACEDONIA
LEASING: THE CURRENT TREND OF USE IN THE REPUBLIC OF NORTH MACEDONIA

Summary/Abstract: The term "leasing" comes from the English word "lease" which means rent. Leasing is an alternative way of financing where it is necessary to emphasize the use of the leased object, and not the ownership over it (use but not possess), i.e. The philosophy of leasing arises from the idea of profitable use of an investment good followed by a flexible method of payment that allows investment without the additional engagement of core capital, successful operation, and maximum utilization of funds. Regulated by the Law on Leasing, leasing activity in the Republic of North Macedonia has a short lifespan, focusing exclusively on financial leasing. Through the method of analysis, synthesis and statistics, the authors processed the official data of the Ministry of Finance presented by the National Bank in the ten-year period from 2010 to 2019, which offers a clear picture of the movements of the use of leasing in the Republic of North Macedonia.

• Details
• Contents