'... as an capital lease...' Why 'an'?

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Senior Member
Russia, russian
Hey everybody!

I've just come across the following sentence in the internet:

Since firms prefer to keep leases off the books, and sometimes prefer to defer expenses, there is a strong incentive on the part of firms to report all leases as operating leases. Consequently the Financial Accounting Standards Board has ruled that a lease should be treated as an capital lease if it meets any one of the following four conditions: ...

Can anyone explain why 'an capital lease', not 'a capital'?

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