Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. A business arrangement whereby property is simultaneously sold and leased back to the seller for usually long-term continued use. Also called sale and leaseback, sale-leaseback.

Etymologies

lease +‎ back (Wiktionary)

Examples

  • "We are continually reviewing opportunities for the disposal of property assets and amid improving market conditions in the retail sector, we now see an opportunity to place a portfolio of quality completed retail sites for tender, on the basis of sale and long term leaseback transaction, '' Mr Kemmler said in a statement.

    AustralianIT.com.au | Top Stories

  • The seller gets a lump sum up front from the 'sale', which can be invested elsewhere, but simultaneously signs a rental agreement - the 'leaseback' - committing to make lease payments to the buyer in return for continued occupancy.

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  • Analysis is required to deter - mine if the leaseback is a finance or an operating lease.

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  • Although many of the residents commonly use the term "leaseback" to refer to the arrangement under which they continued to live in their homes after the federal lakeshore was created in the 1960s, "there's no such thing as a leaseback," Dillon said.

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  • At least under Schwarzenegger's scheme, the state would have had the continued use of the buildings that were to be sold through a leaseback plan.

    John Mirisch: Ramirez Canyon Blues: Yet Another Fight to Preserve Public Access in Malibu

  • It is also hoping to get clearance for the sale and leaseback of Saab property, which is currently secured as collateral against the €400 million EIB loan.

    Saab Halts Production Again

  • "Jet Airways plans to opt for the sale and leaseback model for the 10 Airbus planes," the person said, adding that talks are on with leasing companies worldwide.

    Indian Carriers Set to Order 60 Airbus Planes

  • Spyker said Monday that talks are continuing on the sale and leaseback of Saab property, one of several short-term financial solutions under consideration.

    Saab Seeks Deal With Chinese Firms

  • Air India's rivals Jet Airways India Ltd. and Kingfisher Airlines Ltd., both hit by losses, also plan to raise money in the next few months via sale and leaseback of planes.

    Air India May Sell Dreamliner Plane on Delivery, Lease Back

  • Sale and leaseback deals are considered prudent steps for airlines in a market where most other sources of funding are fast drying up and additional loans would mean more burden on their overleveraged balance sheets.

    Air India May Sell Dreamliner Plane on Delivery, Lease Back

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