: the sale of property with the understanding that the seller can lease it from the new owner
Examples of leaseback in a Sentence
Recent Examples on the Web
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.
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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
This is the third such leaseback arrangement brokered by the developer, which specializes in luxury custom homes that are designed, constructed and furnished from land purchase to final sale by an in-house team of specialist architects, builders and interior designers.
—Lucy Alexander, Robb Report, 21 May 2021
The sale and leaseback of the real estate in Ottumwa does not appear to have added to the facility’s rental costs, according to a person briefed on the transaction.
—Gretchen Morgenson, NBC News, 3 Apr. 2023
See all Example Sentences for leaseback 
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
This is the third such leaseback arrangement brokered by the developer, which specializes in luxury custom homes that are designed, constructed and furnished from land purchase to final sale by an in-house team of specialist architects, builders and interior designers.
—Lucy Alexander, Robb Report, 21 May 2021
The sale and leaseback of the real estate in Ottumwa does not appear to have added to the facility’s rental costs, according to a person briefed on the transaction.
—Gretchen Morgenson, NBC News, 3 Apr. 2023
See all Example Sentences for leaseback
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“Leaseback.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/leaseback. Accessed 2 Jul. 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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