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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.

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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses
Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licensesView Video

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  5. Sale and Leaseback

Sale and Leaseback

Definition of 'Sale and Leaseback'

Assets (e.g. land and buildings) are sold to another firm (e.g. bank, insurance company) with a simultaneous agreement for the vendor to lease the asset back for a stated period under specific terms.

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Related Terms

Offer for SaleEFTPOSElectronic Funds Transfer at a Point of SaleSecondary SaleUnrelated Business Taxable IncomeWorking Capital CycleAbitrageArbitrageBed and BreakfastingShare MarketAccount SaleCash MarketCash-Conversion CycleClosing TradeCollarExchange ControlsForeign Exchange ControlInvoiceCapital GainsCapital Gains Tax

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