Sale and leaseback
AccountingSelling an asset, such as an aircraft, to a lessor and immediately leasing it back.
In plain terms
Airlines use it to fund fleets; the gain on sale can flatter profit without any flying being involved.
1678 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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