PET - Plain English Taxonomy

Label: Assets Exposures Lending Commitments Finance Leases New Goods Count
TREF ID: DE8204
Data Type: xbrli:nonNegativeIntegerItemType
Period Type: duration
Business Description & Guidance:
This is the number of goods financed, or to be financed, under finance leases, for which new commitments have been provided by the reporting party during the relevant period, regardless of whether or not they have subsequently been withdrawn, or cancelled, during or after the period. This excludes commitments for commercial hire purchase agreements, for debt participation in leverages lease agreements, and for leveraged leases which are finance leases where the lessor provides a portion of the finance, with the major portion usually provided by long-term creditors and where the creditor's recourse to the lessor is restricted to the proceeds from disposal of the leased asset and any unremitted lease payments.                                                                                                                                             A commitment is a firm offer to provide finance which has been accepted by the client. A commitment generally exists once the loan application has been approved, and a loan contract or letter of offer has been issued to the borrower. A Finance Lease refers to the leasing or hiring of tangible assets under an agreement (other than a hire purchase agreement) which transfers from the lessor to the lessee substantially all the risks and benefits incidental to ownership of the assets, without transferring the legal ownership. 

Usage
Form Labels
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases
Label:
Number of Goods Financed Under New Lease Commitments - Finance Leases