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lease-back definition

lease·-back (lēs′bak′)

noun

an arrangement by which a company sells a property and simultaneously obtains a long-term lease from the buyer for continued use of the deeded property
also called sale and lease-back

Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

lease-back Usage Examples

Modifies a noun

  • arrangement: Porterbrook was also the first ROSCO to add freight equipment to its portfolio through a sale and lease-back arrangement with Freightliner in May 1996.
lease-back usage examples (more)

The word usage examples above have been gathered from various sources to reflect current and historical usage. They do not represent the opinions of YourDictionary.com.

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MLA Style

"lease-back." Webster's New World College Dictionary. 2009

  • Your Dictionary. 5 July 2009
  • <www.yourdictionary.com/lease-back>

APA Style

lease-back. (2009). In Webster's New World College Dictionary

  • Retrieved July 5th, 2009, from www.yourdictionary.com/lease-back

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