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Warehouse Lending

You just inherited your uncle’s record collection. You once casually told him that you liked that one Rolling Stones song (the one with the cowbell). He apparently took that comment to heart. Now you are the proud owner of 11,000 vinyl records.

Time to get some storage space. Which means: time to sign a warehouse lease. This type of leasing arrangement allows you to rent space in a warehouse. It also applies to typical self-storage situations.

Find other enlightening terms in Shmoop Finance Genius Bar(f)