Go to MSN Homeencarta®
Dictionary
Find
in
Dictionary
Thesaurus
Translations
ABCDEFGHIJKLMNOPQRSTUVWXYZ
Click to move up the list of words
gie
GIF
gif
Giffen goods
GIFT
gift
Gift Aid
gift certificate
gift-leaseback
gift of gab
gift of tongues
gift shop
gift tax
gift token
gifted
giftware
giftwrap
Click to move down the list of words
Also available:

World English Dictionary
Dictionnaire Français

gift-leaseback
gift-lease·back (plural gift-lease·backs)


noun 
Definition:
 
leasing property from a family member: an arrangement in which an asset is given to a family member and then leased back as a means of tax avoidance
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
Advertisement
© 2009 Microsoft