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Asset Sale
(redirected from Asset Sales)

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Asset Sale
The sale of a loan by a bank to a third party. An asset sale ensures that the bank receives cash for a loan it has made and reduces its potential for bad debt. It removes the loan from the bank's portfolio, unless the bank has an agreement with the third party to take the loan back in the event of default.


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These sales bring Dole's total asset sales for 2008 to date to around $135 million.
1 million euros in aggregate principal amount of Notes (the "Maximum Tender Amount") is equal to the net cash proceeds of certain asset sales described in the Offer to Purchase and Solicitation Statement.
[ILLUSTRATIONS OMITTED] Caption: Murray Hill Properties held its annual award ceremony at the Midtown Executive Club honoring the outstanding brokerage efforts of the firm's top leasing and asset sales producers.
 
 
 
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