Sale and leaseback is an arrangement made by someone to sell an asset to a lessee, than leases it back.

Name: Sale and leaseback is an arrangement made by someone to sell an asset to a lessee, than leases it back.
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In a sale and leaseback arrangement, the owner of an asset sells it to a buyer (lessee) and then leases it back from the buyer, allowing the original owner to continue using the asset while no longer owning it.

Sale and Leaseback Is an Arrangement Made by Someone to Sell