2 ms·
Sorry, but what is LTO in this context? Google turns up Link Time Optimization and Legal Tribune Online and both seem not quite right....
by weinzierl 7y ago
Sorry, but what is LTO in this context? Google turns up Link Time Optimization and Legal Tribune Online and both seem not quite right....
- michaelt 7y agoProbably "Lease To Own" a.k.a. "hire purchase" which is kinda similar to buying something on long-term credit.
- plq 7y agoNot OP but he most probably meant lease-to-own. In my experience it's a financing model that spans the equipment's economical lifetime. Let's say 3 years for a server box. In the end of the contract you either pay the last instalment, which is bigger (5x-10x) than usual and keep it, or you return the equipment and get a new one. There are many variations of this scheme but that's more or less the idea.