LEASING AS A CONTEMPORARY FORM OF ENTERPRISE FINANCING.

It is an undeniable fact that people have never before changed the world they live in as rapidly as they do today. These changes are the result of permanent technological innovations and their application in the modern world. Constant technological innovations include not only significant investments in research and development but also major investments in their widespread applications. In this regard, it is logical that large global corporations and multinational companies were able to make investments in research, development and application of new technological innovations. Large global corporations not only had huge owned capital at their disposal but also additional sources of financing by share issuing or loans. However, broad implementation of capital goods as very expensive commodities could not be realized by classical methods of procurement of capital goods or by using own funds and loans. Therefore, the contemporary economic practices are increasingly using leasing arrangements as a modern form of financing of movable and immovable capital goods. Similarly, the aim of this paper is to highlight the growing importance of leasing as a contemporary form of enterprise financing in the market conditions, as well as its advantages and limitations. [ABSTRACT FROM AUTHOR]