leaseback

noun

Etymology

From lease + back.

  1. inherited from *bʰeg-✻ — “to bend”
  2. inherited from *baką✻
  3. inherited from *bak✻
  4. inherited from bæc
  5. inherited from bak
  6. compounded as leaseback — “lease + back”

Definitions

  1. A property transaction where a party sells something, then leases it from the purchaser.…

    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.

    • The operator has since sold ten locomotives […] which were subsequently sold on to GB Railfreight (which then sold them to Beacon Rail on a leaseback deal), as well as four to GBRf outright […].

The neighborhood

Vish — recursive loop

No curated loop yet for leaseback. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA