"asset auction" is a correct and usable phrase in written English.
An asset auction is an auction in which assets, such as real estate, vehicles, or machinery, are sold. For example, "The bank held an asset auction to liquidate the remaining property of the bankrupted business."
Adelphia Communications, the bankrupt cable television operator, yesterday won court approval for an asset auction to raise money for creditors.
Global Crossing Ltd., the bankrupt telecommunications company, said yesterday that it had extended its deadline again for an asset auction to allow more time to review bids.
Ms. Poulin said she had sold most of items that would qualify as Living.com memorabilia in an asset auction in December.
The proposed acquisition is the first bid accepted by Scour's board as part of an asset auction in the federal bankruptcy court in Los Angeles.
Vivendi Drops U.S. Oilman Davis From Asset Auction.
This is the very question that vexed officials when the TARP was set up, leading them to abandon plans for asset auctions.
Then there's that all-Wall Street B-S board of directors, rumored to be ready to merge with Spence, strip the school's assets, auction off the real estate, and start all over with something called the New Arbitrage School.
The complications, these experts said, could make it more likely that instead of Global Crossing's emerging from bankruptcy as a viable company, or being acquired, the proceedings could lead to perhaps the least desirable outcome for creditors: a liquidation of the company, with its assets auctioned to the highest bidders.
Putin's comments, which triggered fears that Mechel could become the next Yukos and have its assets auctioned off to a state-controlled company, put the international spotlight back on Russia as a challenging place for foreign investors.
Steven Bertoni profiles ("Making Markets In Misfit Securities") an entrepreneur with an electronic clearinghouse for illiquid financial assets: auction-rate IOUs whose auctions are busted, limited-partnership interests whose owners want out because the tax benefits have been sucked dry, formerly public companies that have gone into hiding.
SkyMall's parent company Xhibit Corp., will look to sell off the company's assets at auction, along with the assets of a number of other subsidiaries.
