A type of lease in which the lessee not only obtains the use of the asset, but the lessor also provides support services such as maintenance and staff. Wet leases are common in the airline industry and represent a form of outsourcing.« Back to Glossary Index
Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.