Outrageously Funny Word Dictionary :: Relicensing

👉 Relicensing is a process in which an asset, such as a property or equipment, is sold to a new owner at a discount. The original owner retains ownership of the asset but receives a profit on the sale for the difference between the purchase price and the cost of acquisition. This method can be used to reduce costs and improve financial performance by reducing inventory levels and increasing revenue from sales of obsolete assets.

relicensing