leaseback

play
noun lease·back \ˈlēs-ˌbak\

Definition of leaseback

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

1947

First Known Use of leaseback

1947


Law Dictionary

leaseback

play
noun lease·back \ˈlēs-ˌbak\

Legal Definition of leaseback

  1. :  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

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