lease sth back to sb

lease sth back to sb
UK US 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(Cf. ↑rent) verb

Financial and business terms. 2012.

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  • lease sth back — UK US 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 …   Financial and business terms

  • lease — a legal contract covering the possession and use of property, plant or equipment between the owner ( lessor) and another person ( lessee) at a given rent, for a stated length of time. Glossary of Business Terms A contract providing for the use of …   Financial and business terms

  • Lease — A long term rental agreement, and a form of secured long term debt. The New York Times Financial Glossary * * * ▪ I. lease lease 1 [liːs] verb [transitive] COMMERCE 1. if you lease something to someone, you give them the right to use it for a… …   Financial and business terms

  • loan — money lent at interest.A lender makes a loan with the idea that it will be paid back as agreed and that interest will be paid for the use of the money. Glossary of Business Terms Temporary borrowing of a sum of money. If you borrow $1 million you …   Financial and business terms

  • American and British English differences — For the Wikipedia editing policy on use of regional variants in Wikipedia, see Wikipedia:Manual of style#National varieties of English. This is one of a series of articles about the differences between British English and American English, which …   Wikipedia

  • release — A document or a process in which a secured party gives up its collateral interest in the property of the debtor. Releases may be for all of the property of the debtor or may be partial. For example, if a real estate developer has pledged 10 lots… …   Financial and business terms

  • price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… …   Financial and business terms

  • cost — The opposite of revenue. An expense that reflects the price of purchasing goods, services and financial instruments. A cash cost means that cash is given up today to the purchase. Also, the purchase price of an investment, which is compared to… …   Financial and business terms

  • rent — Regular payments to an owner for the use of some leased property. Bloomberg Financial Dictionary * * * ▪ I. rent rent 2 noun PROPERTY 1. [countable, uncountable] money paid for the use of a house, office etc: • Commercial rents have decreased… …   Financial and business terms

  • insurance — Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed upon sum to the insured in the event of loss. Bloomberg Financial Dictionary * * * insurance in‧sur‧ance [ɪnˈʆʊərəns ǁ… …   Financial and business terms

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