leaseback 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.
A company might construct a building and then sell the building to an investor who in turn leases the building back to the company.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.