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leaseback

noun [U]
 
 
/ˈliːs.bæk/ specialized

Definition

a legal agreement by which the owner of a building, piece of land, vehicle, etc. allows the previous owner to continue to use it for a regular amount of moneyRenting propertyMortgages and real estateRenting, hiring and hire purchase in general
(Definition of leaseback noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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