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
1 May 2025
ECONOMIC
(adjective) of or relating to an economy, the system of production and management of material wealth; “economic growth”; “aspects of social, political, and economical life”
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