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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
26 June 2025
DISPIRITEDLY
(adverb) in a dispirited manner without hope; “the first Mozartian opera to be subjected to this curious treatment ran dispiritedly for five performances”
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