单词 | sale and buyback |
释义 | sale and buybackDefinition Off balance sheet financing in which an owner sells an asset or property to an investor or lender on cash-basis, and immediately buys it back on a long-term mortgage basis to retain possession, title, and use. This method avoids liquidation of an important asset and enables its owner to continue to enjoy depreciation and tax benefits. See also sale and leaseback. |
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