单词 | asset sale |
释义 | asset saleDefinition Sale of receivables and other loans to a third party. An asset sale is a non recourse cash sale of assets from a bank or government agency to a third party. The purpose of an asset sale is generally to increase cash flow, reduce bad debt risk and liquidation of assets. If the sale of the assets does not give the buyer complete control after payment has been made, the transaction is not considered a true asset sale. |
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