Sale-leaseback

Definition:   a real estate financing technique whereby a property owner sells the property to an investor or lender and , at the same time, leases it back

Pronunciation:   \ˈsāl\ \ˈlēs-ˌbak\

Used in a Sentence:    A seller/lessee in a sale-leaseback deal enjoys many benefits: retaining possession of the property while obtaining the full sales price.

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