LEASEBACK
Etymology
Noun
leaseback (plural leasebacks)
(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.
Synonyms
• (finance): sale and leaseback, sale-leaseback
Source: Wiktionary
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Word of the Day
25 November 2024
ONCHOCERCIASIS
(noun) infestation with slender threadlike roundworms (filaria) deposited under the skin by the bite of black fleas; when the eyes are involved it can result in blindness; common in Africa and tropical America
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