when an asset is sold the bank /cash gets
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bank / cash gets increased or added when an asset is sold.
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An asset sale occurs when a bank or other type of firm sells its receivables to another party. A type of nonrecourse sale, it occurs for a variety of reasons, including to mitigate assets related risk, obtain free-cash flows, or for liquidation requirements. Asset sales can, and often do, affect a company's net income.
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