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A comment on Ask HN: Is your company sticking to on-premise servers? Why?. Parent comment

Re:Ask HN: Is your company sticking to on-premise servers? Why? by weinzierl on Thursday May 07, 2020 @04:42AM (#23100990)
Sorry, but what is LTO in this context? Google turns up Link Time Optimization and Legal Tribune Online and both seem not quite right....
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Re:Ask HN: Is your company sticking to on-premise servers? Why? by plq on Thursday May 07, 2020 @05:01AM (#23101095)
Not 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.

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Re:Ask HN: Is your company sticking to on-premise servers? Why? by michaelt on Thursday May 07, 2020 @04:52AM (#23101053)
Probably "Lease To Own" a.k.a. "hire purchase" which is kinda similar to buying something on long-term credit.
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