Leaseback, short for sale-and-leaseback, is a financial transaction, where one sells an asset and leases it back for the long-term; therefore, one continues to be able to use the asset but no longer owns it. The transaction is generally done for fixed assets, notably real estate, as well as for durable and capital goods such as airplanes and train...
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http://en.wikipedia.org/wiki/Leaseback
A transaction that involves the sales of some property, and an agreement by the seller to lease the property back from the buyer after the sale.
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http://www.duke.edu/~charvey/Classes/wpg/bfglosl.htm
A transaction that involves the sale of some property, and an agreement by the seller to lease the p
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http://www.encyclo.co.uk/local/22402
An arrangement between a purchaser of a property and the vendor in which the vendor immediately leases the property back from the purchaser
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http://www.encyclo.co.uk/local/22643
Leaseback is a business arrangement in which one party sells a property to a buyer and the buyer immediately leases the property back to the seller, sometimes providing tax benefits.
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http://www.probertencyclopaedia.com/browse/JL.HTM
A leaseback, also referred to as a sale and leaseback, is a structured transaction that allows an organization to sell an asset to an external entity, while maintaining the legal rights to use the asset.
Found on
https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction
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