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Finance Dictionary and Glossary of Investment Terms
Leaseback
Definition 1.
An arrangement where the seller of an asset leases back the same asset from the purchaser.
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Definition 2.
A transaction that involves the sale of some property, and an agreement by the seller to lease the property back from the buyer after the sale.
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Definition 3.
Arrangement in which one party sells a property to a buyer and the buyer immediately leases the property back to the seller. This arrangement allows the initial buyer to make full use of the asset while not having capital tied up in the asset. Leasebacks sometimes provide tax benefits. also called sale and leaseback.
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