leaseback - Business DefinitionThe American Heritage® Dictionary of Business Terms Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
leaseback - Investment & Finance Definition
A transaction in which one person or business sells property to another person or business. The seller agrees to lease the property back from the buyer for a fixed period of time at a set cost. The advantage for the seller is that a leaseback provides cash from the sale while retaining the beneficial use of the property. The purchaser acquires an asset, as well as a guaranteed income stream. Leasebacks may be used on the sale of airplanes, motor vehicles, and other valuable long-term assets.Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.