leaseback — English Dictionary

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leaseback

Noun

A property transaction where a party sells something, then leases it from the purchaser. The seller is released from tax, depreciation, and maintenance costs, and the buyer is guaranteed an income from the property.
Usage
- Countable
- Uncountable
Synonyms
sale and leaseback sale-leaseback

Examples

More examples (1)

The operator has since sold ten locomotives […] which were subsequently sold on to GB Railfreight (which then sold them to Beacon Rail on a leaseback deal), as well as four to GBRf outright […].

Word forms

leasebackslease-back

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