deaccession Syllabification: (de·ac·ces·sion)Pronunciation: /ˌdēakˈseSHən/Definition of deaccession 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. noun the disposal of books, works of art, or other items in this way. deaccession in other Oxford dictionaries Definition of deaccession in the British & World English dictionary