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Q: When did the UK make the final payment to the USA for 'lend lease'?
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What did Britain want for payment for economic injuries suffered during the war?

After World War 1, Britain wanted payment in the form of reparations from Germany. This was meant to make up for the economic injuries they suffered.


What are lend-lease payments?

During the mid-1930s, with it becoming clear that war was coming soon to Europe, the US Congress passed a series of laws aimed at keeping the US out of war. These "Neutrality Acts" disallowed the US from getting involved- it even made it illegal to sell weapons and ammunition to anybody involved in a war. Fast forward to 1941. Nazi Germany has overrun much of Europe. France has been defeated and occupied. President Roosevelt, despite the Neutrality Acts, wanted to help the British. So he was able to get a new law passed, which is nicknamed the "Lend-Lease Act". This law got around the Neutrality Acts by not selling weapons. Instead, the guns, tanks, ships, planes, etc were given to countries on the Allied side- mainly Britain and the Soviet Union- and those countries were supposed to give them back after the war was over. They were also supposed to make lease payments, just like if you rent a car or an apartment. However, the reality is that the US was more interested in winning the war than collecting the payments or equipment. After the war, a lot of the debts were ignored or heavily discounted, and those other countries often were allowed to keep most of the equipment they were given under the Act.


How can someone make a payment on their Military Star card?

Payments of Military Star credit card bills can be made one of two ways. Either mailing in a cheque to pay the bill or paying it online are both possible.


How did the jet engine help win world war 2?

In the final result, nothing. The US had uncontested air supremacy by the time the German jets took to the air, and while they were a stunning success individually, there were too few of them to make any change to the final result.


What is the significance of 99 years as a lease term for military bases?

I too, in all my years of studying in the field of World War II, have many times contemplated this deep and significant question. Finally after many years, I have come to the distinguished conclusion that 98 years is far too small a number, as it would not properly represent the dominion and power of the United States, and 100 years is too large, for it would make the United States seem a greedy nation.

Related questions

What is meant by a balloon payment on a lease car?

A balloon payment refers to the last payement you make on a car that you got as a long term lease. At the end of the lease you can either make a balloon payment and buy the car, or you return the car.


What comparison did Franklin D. Roosevelt make in trying to gain support for the lend lease act?

arsenal of democracy


Why did roosevelt ask congress to pass the lend lease act?

The Lend-Lease act was a treaty of sorts that granted the United States the ability to lease to the Allied Nations materials needed for the war. This proposal was met with great disapproval by Congress and President Roosevelt had a hard time selling his point. He believed however that this act would make America the "arsenal of Democracy".


If lease is discounted for one time payment can that income be amortized for tax purposes over life of lease?

This will depend on your accounting method that you use. If you are a cash basis business, then it is recognized when lease payments are received. If accrual, you could justify amortizing the payment but I cannot imagine why you would want to. I am assuming you are lessor in your question and not the lessee. If you are the one leasing the property, you cannot take a deduction for a lease payment you did not make.


What was the program that gave the government power to make weapons available to Great Britain without regard for its ability to pay?

The Lend-Lease Act


Where can one go to auto lease a vehicle?

You can lease a car from most dealerships. You can only lease new vehicles and not every vehicle is available to be leased. To lease a car you simply make a small down payment. Usually less than 20% of the cars value. Then you make monthly payments for the rest of the lease. When the lease expires you have to return the car.


How does supplier receive payment once your payment request in Payment Plus is final-approved?

go to the payment request’s Payment Plus tab to get the account information that I give to the supplier when I make the purchase


How does the supplier receive payment once your payment request in Payment Plus is final-approved?

go to the payment request’s Payment Plus tab to get the account information that I give to the supplier when I make the purchase


Once your payment request in Payment Plus is final-approved how does the supplier receive payment?

go to the payment request’s Payment Plus tab to get the account information that I give to the supplier when I make the purchase


Where can I find a car lease calculator online?

There are many car lease and car loan payment calculators available online. Often, dealers make these available on their websites however if they do not, you can find one on www.carpaymentcalculator.net/


What happens if you cant make a final payment to your lawyer before your trial?

That is up to the lawyer


What exactly is a lease Toyota matrix?

A lease is kind of like a rental for a long period of time. You make a down-payment for the car that you would like (in this case, the Toyota Matrix) and then make monthly payments for a period of time (1,3, 5 years) and then return the car to the dealership after that period of time or buy out the lease.