Definition
A transaction where the seller of a property immediately becomes the tenant, leasing it back from the new owner. Selling your property but refusing to really leave.
Example Usage
The company executed a sale-leaseback of its headquarters to fund operations.
Origin
Financial innovation combining sale and lease transactions
Fun Fact
Sale-leasebacks are popular with companies facing cash crunches but needing to stay in place.
Source: Corporate finance and real estate standards
Related Terms
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See “Leaseback” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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