asset sale
Defined in 1 place of the United States Code.
The term “asset sale” means the sale to the public of any asset (except for those assets covered by title V of the Congressional Budget Act of 1974 [2 U.S.C. 661 et seq.]), whether physical or financial, owned in whole or in part by the United States.
Source
- 1997–present2 U.S.C. § 900The Congress · Statement of budget enforcement through sequestration; definitions · as used in this subchapter