deaccession

 
Pronunciation: /ˌdiːəkˈsɛʃ(ə)n/

verb

[with object]
  • officially remove (an item) from a library, museum, or art gallery in order to sell it: the decision was made to deaccession the picture [no object]: museums will deaccession to buy other works

noun

[mass noun]
  • the official removal of an item from a library, museum, or art gallery in order to sell it: in England deaccession has been adopted by local authorities to offset spending cuts [count noun]: the spate of spectacular deaccessions being conducted by American museums