deaccession

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de·ac·ces·sion

 (dē′ăk-sĕsh′ən)
v. de·ac·ces·sioned, de·ac·ces·sion·ing, de·ac·ces·sions
v.tr.
To remove (an object) from a collection, especially in order to sell it and purchase other objects: "He also denied that ... friends of the museum were permitted to buy ... pieces that were deaccessioned" (New York Times).
v.intr.
To remove an object or objects from a collection.

de′ac·ces′sion n.

de•ac•ces•sion

or de-ac•ces•sion

(ˌdi ækˈsɛʃ ən)

v.t.
1. to remove (an object) from the permanent collections of a museum, library, or similar repository, usu. through a sale or trade.
n.
2. the act or fact of deaccessioning an object.
[1970–75]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Verb1.deaccession - sell (art works) from a collection, especially in order to raise money for the purchase of other art works; "The museum deaccessioned several important works of this painter"
artistic creation, artistic production, art - the creation of beautiful or significant things; "art does not need to be innovative to be good"; "I was never any good at art"; "he said that architecture is the art of wasting space beautifully"
commerce, commercialism, mercantilism - transactions (sales and purchases) having the objective of supplying commodities (goods and services)
sell - exchange or deliver for money or its equivalent; "He sold his house in January"; "She sells her body to survive and support her drug habit"
References in periodicals archive ?
These parameters would require, for instance, that collections management policies address the decision-making process and criteria for acquisitions, deaccessions, disposition, and consequences, without imposing specific restrictions.
Sue Chen, Art Deaccessions and the Limits of Fiduciary Duty, 14 ART ANTIQUITY & L.
The question of how new purchases will fit into a pre-determined scheme is not entirely resolved, but Horta-Osorio is certain that they are unlikely to add substantially to their collection, as he typically deaccessions pieces to buy finer examples of the same type: 'As time goes by we believe we must focus even more on quality.
Durand in 2005, brokered by Sotheby's to Wal-Mart heiress Alice Walton for her private "Crystal Bridges" museum in Bentonville, Arkansas (within a month of the deaccessioning's semisecret announcement), gained the library's endowment as much as Randolph College is currently expecting at auction from all its own deaccessions.
These state that income from deaccessions should be used only for new acquisitions.
Happily, he has benefitted from museum deaccessions too, securing Lucas Cranach's heavily overpainted but near perfect Lamentation over Dead Christ of around 1518 (Fig.
The deductive Conceptualist--at times jocularly parochial (Asher's Painting and Sculpture from the Museum of Modern Art: Catalog of Deaccessions 1929 Through 1998 by Michael Asher, 1999), at others crypto-canonical (Kelly's PostPartum Document, 1973-79)--may very well acknowledge, even foreground, the "social" or "critical" aspects of art, but not without suppressing trivial notions of "sociality" or ""criticality.
Best Blog -- Lee Rosenbaum, Culture Grrl Blog, for "Stealth Deaccessions by the National Academy.