leaseback
noun
Meaning
- 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.https//web.archive.org/web/20070827183530/http://www.bartleby.com/61/15/L0091500.html
Etymology / origin
No prose etymology has been added yet.
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Related words
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