leaseback

[ lees-bak ]

noun
  1. 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.

Origin of leaseback

1
First recorded in 1945–50; noun use of verb phrase lease back

Words Nearby leaseback

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

British Dictionary definitions for leaseback

leaseback

/ (ˈliːsˌbæk) /


noun
  1. a property transaction in which the buyer leases the property to the seller

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