Horse Racing   A handy reference for horse racing and parimutuel betting enthusiasts.

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what is...
LEASING
As opposed to buying a harness horse, people have the option of leasing one. Just like some people lease a car instead of paying the money up-front, leasing a horse gives people use of a horse without large capital outlay. An agreement or contract must be drawn up between the two parties, and the lease must be registered with the relevant controlling body.

    Courtesy of the Horse Racing Glossary
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