SALE AND LEASEBACK Definition

SALE AND LEASEBACK is a financial transaction, where one sells an asset and leases it back for the long-term.

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DDA, among others, can mean: Disability Discrimination Act (1995, UK), Dividend Disbursing Agent (finance), Demand Deposit Account, Direct Deposit Advance (Wells Fargo), Direct Deposit Advice, Deposit Demand Account, or Design Development Activity.

SECURED TRANSACTION is the right to repossess goods as security for payment of a debt.

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