: the sale of property with the understanding that the seller can lease it from the new owner
Examples of leaseback in a Sentence
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The apparent success of the leaseback arrangement might explain how Rush was able to attract what was OceanGate’s largest ever investment in 2020, at a time when the company was working on the expensive task of replacing the Titan’s first hull that had cracked during testing.
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Mark Harris, WIRED, 25 Oct. 2024
However, aviation leasebacks where the investing and selling companies are managed by the same person, as happened with Rush in the Titan transaction, don’t happen, says Aboulafia.
—Mark Harris, WIRED, 25 Oct. 2024
According to a source close to the deal, the sellers agreed to the lowball offer because of the terms: a very short two-week escrow, all cash and with no contingencies, plus a free two-month leaseback term for them.
—James McClain, Robb Report, 11 Dec. 2023
In a sale leaseback transaction, a company sells a property like a store or a factory and immediately rents it back from the buyer.
—Luis Garcia, WSJ, 24 July 2023
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Mark Harris, WIRED, 25 Oct. 2024
However, aviation leasebacks where the investing and selling companies are managed by the same person, as happened with Rush in the Titan transaction, don’t happen, says Aboulafia.
—Mark Harris, WIRED, 25 Oct. 2024
According to a source close to the deal, the sellers agreed to the lowball offer because of the terms: a very short two-week escrow, all cash and with no contingencies, plus a free two-month leaseback term for them.
—James McClain, Robb Report, 11 Dec. 2023
In a sale leaseback transaction, a company sells a property like a store or a factory and immediately rents it back from the buyer.
—Luis Garcia, WSJ, 24 July 2023
See all Example Sentences for leaseback
Dictionary Entries Near leaseback
Cite this Entry
“Leaseback.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/leaseback. Accessed 1 Dec. 2024.
Copy CitationLegal Definition
leaseback
noun
lease·back
ˈlēs-ˌbak 
: the sale of property with the understanding that the seller can lease it back from the new owner
—often used in the phrase sale and leaseback
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