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leaseback
[ lees-bak ]
/ ˈlisˌbæk /
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noun
the disposal of a building, land, or other property to a buyer under special arrangements for simultaneously leasing it on a long-term basis to the original seller, usually with an option to renew the lease.
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Also called sale and leaseback, sale-leaseback.
Origin of leaseback
First recorded in 1945–50; noun use of verb phrase lease back
Words nearby leaseback
learn one's lesson, learnt, learn to live with, leary, lease, leaseback, leasehold, leaseholder, leaseman, lease-purchase, lease rod
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
British Dictionary definitions for leaseback
leaseback
/ (ˈliːsˌbæk) /
noun
a property transaction in which the buyer leases the property to the seller
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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