Open end lease in economics and finance

Hello everyone! Welcome to another insightful lesson in economics and finance. Today, we'll be diving into the realm of leasing. Leasing, as you may know, is a popular method of obtaining assets without outright ownership. It's widely used in various sectors, from real estate to automobile industries. Within the vast landscape of leasing, one particular type stands out - the open-end lease. Let's explore what makes it unique and its implications in the financial world.