leaseback
/lˈisbˌæk/
Word Rarity
Very rare
Frequency: Zipf frequency 1.98 in modern English
17
Scrabble Score
9
Letters
2
Syllables
7
Unique Chars
Meaning
noun
A property transaction where a party sells something, then leases it from the purchaser. The seller is released from tax, depreciation, and maintenance costs, and the buyer is guaranteed an income from the property.
Countable; Uncountable
Example Sentences
- "The operator has since sold ten locomotives […] which were subsequently sold on to GB Railfreight (which then sold them to Beacon Rail on a leaseback deal), as well as four to GBRf outright […]."
Etymology
Usage
Inflected Forms
leasebacks (plural)
lease-back (alternative)