1. deaccession - Noun
2. deaccession - Verb
sell (art works) from a collection, especially in order to raise money for the purchase of other art works
Source: WordNetThe museum deaccessioned several important works of this painter Source: Internet
Pyle argues on the newspaper's behalf that unsealing the documents would enable people who care about the museum's well-being to better understand the circumstances of the controversial art deaccession. Source: Internet
Judge John Agostini ruled that plaintiffs in two civil actions, and the state Attorney General's Office itself, failed to make their cases to halt a large-scale deaccession by the museum. Source: Internet
"The deaccession of the museum's finest art treasures strikes at the heart of the principles of public trust, and sets a precedent that will undermine cultural and historical institutions in the Commonwealth and across the country." Source: Internet
William F. Lee of the Boston firm WilmerHale had earlier moved for an expedited trial in Pittsfield on the legality of the museum's planned deaccession and sale of 40 works of art. Source: Internet