The act of selling off or disposing of property or assets; commonly used for corporate or real-estate sales and has a formal/legal tone.
会社は非中核事業の一部を売却することを発表した。
The company announced it would sell off part of its non-core business.
景気悪化で不動産を売却せざるを得なかった。
Due to the downturn, we had no choice but to sell the property.