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
Recent Word Finds
Word of the Day
3 April 2025
WHOLE
(noun) an assemblage of parts that is regarded as a single entity; “how big is that part compared to the whole?”; “the team is a unit”
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