In law leasing is the "loan of a capital object for use over a specific period of time in return for financial consideration." In fact it represents an alternative form of financing for investments and also an instrument of strategic corporate management.
The term "leasing" comes from English and means "Miete" ("hire") in German. However, as well as a number of  similarities to "Miete", there are, in fact, a number of significant differences, which often make leasing the optimum solution. |
| – | Leasing comprises components of financing, since depending on the kind of agreement, purchase of the leased object after expiry of the basic leasing period is expressly offered from the outset.
| | | – | In the case of "Miete" (hire) the decision on investment is made by the hirer. In the case of leasing you choose which object is to be bought and who will deliver it.
| | | – | In the case of “Miete” (hire) the responsibility for administration and maintenance lies with the hirer. In the case of leasing you act as an owner in most cases. You ensure, for example, the necessary maintenance of the leased object and choose where the necessary insurance will be taken out. You may, however, also leave these tasks to Deutsche Leasing.
| | | – | Because leased objects are carried on the leasing company's balance sheet and not the user's and leasing instalments are tax-deductible business expenses, leasing is for you a balance-sheet- and finance-strategic control instrument.
| | | – | Depending on the kind of agreement, the assumption of the risk from utilisation of a returned leased object by the leasing company after expiry of the agreement make it easier for you both to cope with economic fluctuations and manage innovation. | |
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