Is “Leaseback” a Scrabble word?

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Yes
LEASEBACK
Valid in at least one Scrabble dictionary

Valid in these dictionaries

SOWPODS / CSW
Scrabble UK & International
Valid
TWL / NWL
Scrabble North America
Valid
Large English Dictionary
General English word list
Unavailable

Meaning of Leaseback

noun
  1. 1.A property transaction where a party sells something, then leases it from the purchaser. The seller is released from tax, depreciation, and maintenance costs, and the buyer is guaranteed an income from the property.https//web.archive.org/web/20070827183530/http://www.bartleby.com/61/15/L0091500.html

Synonyms: sale and leaseback, sale-leaseback