deaccessions in English

verb
1
officially remove (an item) from the listed holdings of a library, museum, or art gallery, typically in order to sell it to raise funds.
Considerable excitement, however, was generated by six works being deaccessioned by the Museum of Modern Art to support its acquisitions fund.
noun
1
the disposal of books, works of art, or other items in this way.
He denied any link between the auction house's support of ‘Sensation’ and any role it might play in auctioning future Brooklyn deaccessions .

Use "deaccessions" in a sentence

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