Asset sale,
Definition of Asset sale:
The sale of all or part of the assets of a company or other entity; an instance of this.
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.
Meaning of Asset sale & Asset sale Definition
