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deaccession

Syllabification: de·ac·ces·sion
Pronunciation: /ˌdēakˈseSHən
 
/

Definition of deaccession in English:

verb

[with object]
Officially remove (an item) from the listed holdings of a library, museum, or art gallery, typically in order to sell it to raise funds.
Example sentences
  • Considerable excitement, however, was generated by six works being deaccessioned by the Museum of Modern Art to support its acquisitions fund.
  • One recently discovered gateleg table has the accession number ‘15651LLLJJJ’; however, the researchers are uncertain what museum deaccessioned it.
  • In the run-up to the mixed-lot sale, Sotheby's held two ‘single owner’ auctions in which 296 works consigned by these two institutions were deaccessioned.

noun

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The disposal of books, works of art, or other items in this way.
Example sentences
  • He denied any link between the auction house's support of ‘Sensation’ and any role it might play in auctioning future Brooklyn deaccessions.
  • The Office of the Curator will notify the President of all deaccessions.
  • A deaccession of over 1,000 paintings, statues and other objects from the Dutch national art collection is getting a good deal of attention.

Definition of deaccession in:

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