Final answer:
The practice in which an organization sells its IT resources and leases them back is called sale and leaseback.
Step-by-step explanation:
The practice in which an organization sells its IT resources and leases them back is called sale and leaseback. In this arrangement, the organization sells its IT assets to a third party and then leases them back for a specific period of time.
This allows the organization to free up capital that was tied up in the IT resources while still being able to use them for their operations. For example, Company A may sell its servers and computers to a leasing company and then lease them back to continue using them.
This can be especially beneficial for companies that need to upgrade their IT infrastructure but don't have the immediate funds to do so. By opting for sale and leaseback, organizations also have the advantage of offloading the maintenance and obsolescence risks associated with owning IT assets.