Asset realisation
The process of selling or otherwise converting assets into money, often so funds can be distributed in an insolvency or enforcement process.
Related terms
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Realisation of assets
The sale, collection or conversion of assets into cash so the proceeds can be applied to debts or distributed in an insolvency.
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Cleared funds
Money that has completed the banking process and is available for use, rather than a payment that is still pending or may be reversed.
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Assets
Things of value owned by a person or business, such as cash, property, vehicles, equipment, investments or money owed by customers.
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