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What does it mean refurbished or end of lease?

The product has been refurbished and withdrawn from an end lease. it is a used item, an institution, a bank or another at the end of the classic use of a few years, minimum 1 maximum 3 returns to the Company 'leasing or seller after careful controls.
The seller then after acquired by the Company 'leasing or directly controls it, format and reinstall the operating system by checking each component.
  The product may have slight scratches on the body or lieiv signs of wear as it was used or to be absolutely as new