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leaseback

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

A company might construct a building and then sell the building to an investor who in turn leases the building back to the company.

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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