noun
- a financial arrangement in which a company sells an asset to another party and then leases it back from the buyer
Usage: business; finance
Examples
- The airline used a leaseback arrangement to raise cash while keeping its planes.
- Through a leaseback deal, the retailer sold its stores to investors but continued operating them.
- The company’s leaseback agreement allowed it to free up capital for expansion.
- Many corporations use leaseback transactions to improve their balance sheets.
- The real estate leaseback provided immediate funds while maintaining operational control.
- Banks often finance leaseback arrangements for equipment purchases.