leaseback

noun
lease·​back | \ˈlēs-ˌbak \

Definition of leaseback 

: 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

Nothing in the Windstream Services bond documents forbids Windstream Holdings, the parent company, from entering into a sale-leaseback deal with Uniti, the company says. Soma Biswas, WSJ, "Hedge Funds Set to Face Off Over Debt-Ridden Windstream," 22 July 2018 The involvement of the redevelopment authority, formerly known as the port authority, could mean tax-exempt financing and leaseback options that would shield stadium developers from tax payments and other liabilities. Randy Tucker, Cincinnati.com, "FC Cincinnati stadium in Oakley and how to finance it on agency's agenda as deadline looms," 27 Mar. 2018 The sale/leaseback auctions are the latest maneuver by Sears Holdings Corp. to stay financially afloat. Jc Reindl, Detroit Free Press, "Sears store at Twelves Oaks Mall to be sold at auction, remain open," 12 Apr. 2018 Skylight Music Theatre has sold its performing home in Milwaukee's Historic Third Ward, the Broadway Theatre Center, in a $3.5 million leaseback deal to local developer Robert Joseph. Jim Higgins, Milwaukee Journal Sentinel, "Skylight sells Broadway Theatre Center in $3.5 million leaseback deal," 21 Feb. 2018 Goldman’s £1 Billion Building | Goldman Sachs Group Inc. is considering a sale-and-leaseback of its new European headquarters in London, Jack Sidders reports. Emma Ross-thomas, Bloomberg.com, "Brexit Bulletin: Ignore and Enrage," 27 Feb. 2018 The sale and leaseback gets Skylight out of the building management business and allows it to concentrate on producing music theater, Lueder said. Jim Higgins, Milwaukee Journal Sentinel, "Skylight sells Broadway Theatre Center in $3.5 million leaseback deal," 21 Feb. 2018 Keep this in mind: The club has talked about the port authority owning the new stadium in what's called a sale-and-leaseback. Jason Williams, Cincinnati.com, "PX: Amid myriad problems, streetcar official receives $22,000 raise, promotion," 16 Feb. 2018 The company said the sale-leaseback involves its Herberger's store in the Rosedale Center in the Minneapolis suburb of Roseville. Paul Gores, Milwaukee Journal Sentinel, "Bon-Ton selling Minnesota mall property amid financial struggles," 14 Sep. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'leaseback.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

See More

First Known Use of leaseback

1947, in the meaning defined above

Keep scrolling for more

Learn More about leaseback

Statistics for leaseback

Last Updated

1 Dec 2018

Look-up Popularity

Time Traveler for leaseback

The first known use of leaseback was in 1947

See more words from the same year

Keep scrolling for more

More Definitions for leaseback

leaseback

noun
lease·​back | \ˈlēs-ˌbak \

Legal Definition of leaseback 

: 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

More from Merriam-Webster on leaseback

Rhyming Dictionary: Words that rhyme with leaseback

Comments on leaseback

What made you want to look up leaseback? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

a soft lustrous wool fabric with mohair

Get Word of the Day daily email!

Test Your Vocabulary

Late Autumn 2018 Words of the Day Quiz

  • frosted-autumn-leaves
  • Which is a synonym of yahoo?
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

TAKE THE QUIZ
SCRABBLE® Sprint

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!