leaseback

noun
lease·​back | \ ˈlēs-ˌbak How to pronounce leaseback (audio) \

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 Discount carriers such as Ryanair, EasyJet Plc and Wizz Air Holdings Plc have strong liquidity positions and easy options for boosting reserves through aircraft sale-and-leaseback deals if necessary. Tara Patel, Fortune, 26 Mar. 2021 The investor group believes Kohl’s sale-leaseback proceeds and the repurchase program together could increase earnings per share by at least 25%. Jinjoo Lee, WSJ, 2 Mar. 2021 The investors are calling for a plan to grow sales and are pitching a sale-leaseback of some of Kohl’s real-estate assets, among other changes. Jinjoo Lee, WSJ, 22 Feb. 2021 Both buildings were sold by Mesirow Financial, which specializes in sale-leaseback property transactions. Steve Brown, Dallas News, 1 Feb. 2021 JACK Entertainment in October 2019 announced an $843 million sale/leaseback deal with VICI Properties real estate trust for JACK’s downtown Cleveland casino and suburban Thistledown Racino. Rich Exner, cleveland, 20 Jan. 2021 EasyJet has raised over 3 billion pounds ($4 billion), through the sale and leaseback of some of its jets and a 419 million pound equity increase. Siddharth Vikram Philip, Bloomberg.com, 22 Dec. 2020 The company bought the space from Breg Inc., which will continue to occupy the site through a six-month sale-leaseback. Dom Difurio, Dallas News, 30 Nov. 2020 The budget also includes payback amounts of more than $800,000 a month for the sale leaseback purchase agreement for the city’s public safety building. Carrie Napoleon, chicagotribune.com, 16 Oct. 2020

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

Time Traveler for leaseback

Time Traveler

The first known use of leaseback was in 1947

See more words from the same year

Statistics for leaseback

Cite this Entry

“Leaseback.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/leaseback. Accessed 22 Jun. 2021.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

Keep scrolling for more

More Definitions for leaseback

leaseback

noun
lease·​back | \ ˈlēs-ˌbak How to pronounce leaseback (audio) \

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

WORD OF THE DAY

Test Your Vocabulary

Return of Name that Color!

  • a light greenish blue color
  • Name that color:
True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
 AlphaBear 2

Spell words. Make bears.

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!