lease back

lease back

1. To rent a property from the person or company to whom one sold it. The only way we could avoid losing our home was to sell it to the bank and then lease it back again.
2. To rent a property to the person or company from whom one bought it. The government is offering to buy up properties from people with vastly inflated mortgages and lease them back to them for much lower monthly amounts.
See also: back, lease

lease something back

to sell something, then rent it from the buyer. We sold the building to a real estate firm and then leased it back. There was some tax saving involved. We leased back the building.
See also: back, lease
References in periodicals archive ?
Zain Saudi Arabia (better known as Zain KSA) has signed an agreement to sell and lease back the passive physical infrastructure of its mobile tower portfolio to IHS Holding Limited (IHS) for about 2.52 billion Saudi Arabian riyals (US$672 million).
Sadara Chemical Company today concluded an agreement with Al Fozan, a leading Saudi conglomerate, for the sale and lease back of the Sadara Solids and Liquids Handling Center, also known as the Packaging Center, located in Sadara's Jubail chemical complex.
Sadara Chemical Company (Sadara) has today concluded negotiations with Al Fozan, a leading Saudi conglomerate, regarding a set of agreements relating to the sale and lease back of the Sadara Solids and Liquids Handling Center, also known as the Packaging Center, located in Sadara's Jubail chemical complex.
The first transaction was a sale and lease back of a 123,100 square foot warehouse and headquarters facility leased to an automobile parts distributor located in Miami, Florida.
Russell Verducci and Eric Demmers represented the buyer, Adithya Bathena, in the purchase from MIS, which will lease back space in the building.
DCB Financial Corp (OTCPink: DCBF), parent holding company of The Delaware County Bank & Trust Company said it has entered into a transaction to sell and simultaneously lease back property it owns in Lewis Center, Ohio that serves as the corporate headquarters of the bank and the trust company.
Struggling smartphone maker BlackBerry announced to sell most of its Canadian real estate holdings, and will lease back some space after the sale.
Muscat: Etihad Airways, the national airline of the United Arab Emirates (UAE), has extended its relationship with Sanad Aero Solutions (Sanad), with a 10-year agreement for the sale and lease back of some of the airline's key component spares.
Summary: Etihad Airways, has extended its relationship with Sanad Aero Solutions GmbH (Sanad), with a 10-year agreement for the sale and lease back of some of the airline's key component spares.
Can I short sale and lease back?" To make the best decision, distressed homeowners need information, answers and guidance on these and other critical questions.
"Batelco has decided not to proceed with any tower sale in Bahrain and Jordan as various sale and lease back proposals did not create sufficient, long-term economic value," Batelco group chief executive officer Shaikh Mohamed bin Isa Al Khalifa said in a statement.
El Al Israel Airlines (TASE:ELAL) on Tuesday announced that it has signed an agreement to sell and lease back two CFM engines, 56-7B.
Abu Dhabi's Etihad Airways has mandated Sanad Aero Solutions and Engine Lease Finance Corp (ELF) to finance its 23 spare engines in a sale and lease back deal valued at $367 million, the airline said on Wednesday.
Sanad will purchase, and lease back, to Etihad Airways five GE90 and six Rolls Royce Trent 500 engines.