to leaseback
- verb
- /ˈliːsˌbæk/
- Specialized
- The company decided to leaseback its office building to free up capital for expansion.
Examples
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After selling the property, they chose to leaseback the space to continue their operations.
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After selling its headquarters building, the firm opted to leaseback the office space for continued use.
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Many businesses leaseback assets as a way to improve cash flow without relocating.
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They decided to leaseback their office space.
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The company plans to leaseback several buildings this year.
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To manage their finances better, the company decided to leaseback its warehouse after the sale.
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In order to maintain liquidity, they chose to leaseback their machinery and equipment following the sale.
Surface Forms
Morphology
Etymology
Leaseback comes from lease ('to rent') and back ('again' or 'return'). To leaseback something is to sell it and then rent it from the new owner, so you get the money but keep using the asset.