Definitions for "Sale Leaseback"
See Leaseback.
a financing structure that allows a business to take capital equipment that has already been paid for and sell it to a leasing company for fair market value, or some negotiated amount, then immediately lease the asset back
A sale-leaseback is often used as a means of obtaining funding for future expansion needs. In a sale leaseback the owner of the property sells the property and in return leases it back on a long-term basis. The following describes a sales lease back situation: Owner A sells to Buyer B, who then leases the property back to Seller A.