lease sth back (to sb) - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “lease sth back (to sb)”

lease sth back (to sb)

phrasal verb with lease
 
 
/liːs/ verb [T] COMMERCE, LAW
PROPERTY, LAW to sell property or an asset, but continue to use it by paying rent to the new owner: The company may try to raise cash by selling and leasing back its buildings in London and Hong Kong.
PROPERTY, LAW to buy property or an asset, and allow the seller to continue to use it by paying you rent: The fund aims to buy the ground's freehold and lease it back to the club for a pound a year.
→  Compare rent verb
(Definition of lease sth back (to sb) from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of lease sth back (to sb)?
Add Cambridge dictionaries to your browser to your website

Word of the Day

selfless

caring more for what other people need and want rather than for what you yourself need and want

Word of the Day

She’s got very good posture. (How we stand and sit)

by Kate Woodford,
May 27, 2015
Recently on this blog, we looked at the words that we use to describe the way we move. This week we’re looking at words for describing our bodies when they are still, whether we are standing or sitting. Since most of us do far too much of this, let’s start with sitting.

Read More 

ebolaphobia noun

June 01, 2015
irrational fear of the (spread of) the Ebola virus Ebolaphobia Going Viral

Read More