leaseback Definition
an arrangement in which the owner of a property sells it and then leases it back from the buyer, typically for a long-term and at a high rent.
Using leaseback: Examples
Take a moment to familiarize yourself with how "leaseback" can be used in various situations through the following examples!
Example
The company sold its headquarters to an investor and then leased it back as part of a leaseback agreement.
Example
The leaseback arrangement allowed the business to free up capital while still retaining use of the property.
leaseback Synonyms and Antonyms
Synonyms for leaseback
- sale and leaseback
- lease and buyback
Summary: leaseback in Brief
'Leaseback' [lees-bak] is a noun that refers to an arrangement where the owner of a property sells it and then leases it back from the buyer. This is typically done for a long-term and at a high rent. An example of this is when a company sells its headquarters to an investor and then leases it back as part of a leaseback agreement.
