leaseback

noun

lease·​back ˈlēs-ˌbak How to pronounce leaseback (audio)
: 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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Prospective business owners should consider two alternative financing options inspired by private equity: SBA loans that are now nearly unlimited and include more options for buyers, as well as one firm that’s bringing sale leasebacks to the small business space. Danielle Chemtob, Forbes, 24 Dec. 2024 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. 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 See all Example Sentences for leaseback 

Word History

First Known Use

1947, in the meaning defined above

Time Traveler
The first known use of leaseback was in 1947

Dictionary Entries Near leaseback

Cite this Entry

“Leaseback.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/leaseback. Accessed 2 Jan. 2025.

Legal Definition

leaseback

noun
lease·​back ˈlēs-ˌbak How to pronounce leaseback (audio)
: 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
Last Updated: - Updated example sentences
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