leaseback

noun

lease·​back ˈlēs-ˌbak 

: the sale of property with the understanding that the seller can lease it from the new owner

Examples of leaseback in a Sentence

Recent Examples on the Web

Project Manta called for Space Florida to negotiate and enter into an equipment purchase and leaseback agreement up to $270,000 for advance infrastructure system hardware to be developed and demonstrated in the state. —Richard Tribou, The Orlando Sentinel, 3 June 2026

In a typical sale-leaseback, one party sells an asset to another, then leases it back. —Eva Roytburg, Fortune, 25 May 2026

Part of the agreement announced Tuesday includes a three-year leaseback at the site, allowing Blue Diamond's corporate headquarters to continue operating there through April 2030. —Cecilio Padilla, CBS News, 19 May 2026

The sale-leaseback is one way that private equity investors generate returns from hospital investments, but the deals leave the hospitals on the hook for paying rent. —Katy Golvala, Hartford Courant, 26 Apr. 2026

Word History

First Known Use

1947, in the meaning defined above

Rhymes for leaseback

• almanac
• camelback
• cardiac
• carryback
• cluniac
• diamondback
• lumberjack
• maniac
• paperback
• piggyback
• quarterback
• saddleback

Legal Definition

leaseback

noun

lease·​back ˈlēs-ˌbak 

: the sale of property with the understanding that the seller can lease it back from the new owner

—often used in the phrase sale and leaseback