Word: leaseback
Part of speech: Noun
Syllables: lease
back
Definition: A property transaction where a party sells something, then leases it from the purchaser. The seller is released from tax, depreciation, and maintenance costs, and the buyer is guaranteed an income from the property.[]
Morphemes:
Affix: lease
Language: en
PoS: Noun
Meaning: A contract granting use or occupation of property during a specified period in exchange for a specified rent.
Etymology Compounds: Affix: laxō
Language: la
Decoded: laxo
Meaning: to loose
Affix: back
Language: en
PoS: Noun
Meaning: A support or resource in reserve.
Etymology Compounds: Affix: bac
Language: fr
Decoded: bac
PoS: Noun
Meaning: vat