Firm X sold its office building and used the proceeds to improve its financial position.The firm then leased the building back in order to continue to use the facility.This is an example of a(an):

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This scenario describes a sale and lease-back arrangement, where Firm X sells the building and then leases it back from the new owner, in order to continue using it. This allows the firm to improve its financial position by generating cash from the sale, while still retaining the use of the asset. Operating leases, leveraged leases, and fully amortized leases are different types of lease agreements, which do not involve a sale and lease-back arrangement.

Firm X Sold Its Office Building and Used the Proceeds