(AmE also reversion) noun
[U] (law) the process of allowing the former owner of a property to continue to use it if they pay rent to the new owner; a legal agreement where this happens:
a leaseback arrangement
Rate this entry
About this entry
This is a English–English dictionary entry.
Sourced from Main Dictionary in Lughet's collection.
This word also appears under other sources in Lughet's collection — see the list below.
Where does this definition of leaseback come from?
This entry for leaseback is sourced from Main Dictionary, one of the dictionaries and corpora merged into Lughet.
Does leaseback appear elsewhere on Lughet?
Yes — leaseback appears under other sources or language pairs in Lughet's collection. See the list below.
What is Lughet?
Lughet is a free trilingual dictionary covering nearly five million entries across Uyghur, Chinese, and English, drawn from more than ten source dictionaries and corpora.
