A contract under which a property is rented from one person or business to another for a fixed period of time at a specified rate.

For a sole proprietorship, it is the name you use on your individual tax return.

For a partnership, it is the names of the partners or the name the business was registered under with provincial or territorial authorities.

For a corporation, it is the name that appears on the certificate of incorporation.

Use the legal business name on tax returns and legal documents.

Debt owed by a person or business.

The amount by which expenses exceed revenues.