Sale and lease-back

Sale and lease-back
Sale of an existing asset to a financial institution that then leases it back to the user. Related: Lease.

Limitation on sale-and-leaseback A bond covenant that restricts in some way a firm's ability to enter into sale and lease-back transactions.

A bond covenant that restricts in some way a firm's ability to enter into
sale and lease-back transactions.
Limitation on subsidiary borrowing
A bond covenant that restricts in some way a firm's ability to borrow at
the subsidiary level.

An agreement between a buyer and a seller on the price to be paid for a security, followed by delivery.
Sale and lease-back ...

See also: Sales-type lease, Leasing, Values, Target company, Monetary system