long-term lease
Defined in 3 places across 2 titles of the United States Code.
For purposes of subparagraph (A), the term “long-term lease” means any long-term lease (as defined in section 4052).
Source
- 1994–present26 U.S.C. § 4002Internal Revenue Code · 1st retail sale; uses, etc. treated as sales; determination of price · for purposes of this subchapter
For purposes of this section, the term “long-term lease” means any lease with a term of 1 year or more. In determining a lease term for purposes of the preceding sentence, the rules of section 168(i)(3)(A) shall apply.
Source
- 1994–present26 U.S.C. § 4052Internal Revenue Code · Definitions and special rules · for purposes of this section
In this section, the term “long-term lease” means a lease, bareboat charter, or conditional sale agreement with respect to a vessel the term of which (including any option period) is for a period of 20 years or more.
Source
- 2026–present10 U.S.C. § 8633Armed Forces · Auxiliary vessels: extended lease authority · in this section
Term of Contract.—In this section, the term "long-term lease" means a lease, bareboat charter, or conditional sale agreement with respect to a vessel the term of which (including any option period) is for a period of 20 years or more.
Source
- 2018–202610 U.S.C. § 8633Armed Forces · Auxiliary vessels: extended lease authority · in this section