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



RESET




Word of the Day

8 January 2025

SYCAMORE

(noun) Eurasian maple tree with pale grey bark that peels in flakes like that of a sycamore tree; leaves with five ovate lobes yellow in autumn


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Coffee Trivia

Coffee is a brewed drink prepared from roasted coffee beans, the seeds of berries from certain Coffea species. When coffee berries turn from green to bright red – indicating ripeness – they are picked, processed, and dried. Dried coffee seeds are roasted to varying degrees, depending on the desired flavor.

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