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Definition of leaseback noun from the Oxford Advanced Learner's Dictionary

leaseback

noun
 
/ˈliːsbæk/
 
/ˈliːsbæk/
[uncountable] (law)
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  1. the process of allowing the former owner of a property to continue to use it if they pay rent to the new owner; a legal agreement where this happens
    • a leaseback arrangement
    Topics Law and justicec2
See leaseback in the Oxford Advanced American Dictionary
perspective
noun
 
 
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B2
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