Outrageously Funny Word Dictionary :: Unlading

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What is the definition of unlading? 🙋

👉 In accounting, the term "unloading" is used to describe a specific action that occurs when an asset is transferred from one entity to another. This can occur in various scenarios such as when an asset is sold or disposed of, or when it is transferred from one company to another for tax purposes. The purpose of unloading an asset is typically to minimize the overall value and tax liability associated with the transfer.


unlading

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