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

Bloomberg reports Griffin’s team spent years negotiating with individual owners, repeatedly raising its offers and even letting some residents stay in their apartments temporarily through below-market leaseback agreements. — Abby Montanez, Robb Report, 4 Aug. 2026

Sale-leasebacks release cash without improving the underlying restaurants. — Jim Osman, Forbes.com, 2 Aug. 2026

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

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