Unguaranteed Residual Value Definition | Becker
Accounting Dictionary
Unguaranteed Residual Value
The unguaranteed residual value of the lease is the estimated fair value of the leased property at the end of the lease term that is not guaranteed by either the lessor or by a third party unrelated by the lessor. See also guaranteed residual value (by the lessee).
Related Terms:
Guaranteed Residual Value (by the Lessee) [FARBAR]Back to Dictionary