Ownership Rewards

Formal

The benefits of ownership over and above those of renting or leasing. These include:

1. Full rights to the asset
2. An asset for bank security
3. Likely to ‘care’ for the equipment
4. Full life utilisation
5. Resale / residual value opportunity.

Real-world Example

A company that owns its office building benefits if the property's value rises over time, and can sell it later for a gain - a reward of ownership that a tenant renting the same building wouldn't receive.