Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,591,217,243 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Sale and Lease-Back

   Also found in: Dictionary/thesaurus 0.02 sec.
Sale and lease-back
Sale of an existing asset to a financial institution that then leases it back to the user. Related: Lease.

Sale-Leaseback
The sale of a property in which the seller immediately begins to rent the property from the buyer. That is, the seller no longer has ownership of the property, but maintains residence and/or use for the duration of the rental agreement. A sale-leaseback gives the seller profit from the sale while the buyer is guaranteed income from the rental agreement in the medium or long-term. Sometimes, a sale-leaseback occurs in order to grant the seller access to capital to make improvement on the property; for example, the seller may use the proceeds from the sale to build a factory. A form of sale-leaseback, known as sukuk al-ijara, is a common structure for sukuk, or the equivalent of a bond, in Islamic finance. Sale-leaseback is also called simply leaseback.


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
The new firm will provide Sharia-compliant sale and lease-back of cars and light commercial vehicles, as well as vehicle leasing and fleet management services, according to a Gulf News report.
The job creation project is being spearheaded by site owners St Modwen, who bought the sprawling car factory complex in early 2002 from then MG Rover bosses Phoenix, originally on a sale and lease-back basis.
Across the group the principal players are banks and building societies and it has been the banks in particular that have been disposing of freehold properties through auctions on the basis of a sale and lease-back arrangement, often on 15-year lease terms.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.