Finance leasing (excluding sale-leaseback) refers to the lessor purchasing leased assets from suppliers according to the lessee's specific requirements and choice of supplier, and leasing them to the lessee. The lessee pays rent to the lessor in installments during the leasing period, and ownership of the leased assets remains with the lessor. Upon completion of the lease term and full compliance with all obligations under the finance lease contract, ownership of the leased assets transfers to the lessee.