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

Recent Examples of leaseback from the Web

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First Known Use of leaseback

1947


Law Dictionary

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

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