Leaseback
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Leaseback is a noun meaning (finance) 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.
Meaning
(finance) 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.
Example Sentences
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
- leasebacks
- lease-back
Related Words
Related dictionary entries include tenancy, lease, rent, leasehold, rental, sale.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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