sale and leasebacksale and leaseback
nounpl. sales and leasebacks also sale and leasebacks
sale and leaseback - Investment & Finance Definition
An arrangement in which a company sells an asset to a buyer and the buyer immediately leases the property back to the seller. The seller has the use of the asset, but does not need to have capital tied up in the asset and does not have to list the debt it owes on its lease on its balance sheet.