Asset recovery

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Asset Recovery is a trade term used to describe the process of reselling equipment from a business. An asset recovery company will purchase the equipment at a discounted price and resell it for a profit, giving some, if not most, of the money back to the company.

Asset Recovery and liquidation are synonymous terms. Companies in the asset recovery business are often referred to as liquidators. However, many companies in this business, for marketing reasons, prefer to identify as asset recovery specialists or a similar name.

While often referred to in the context of a company that is being liquidated, Asset Recovery is also used to describe the process of liquidating excess inventory of healthy companies, refurbished items and equipment returned at the end of a lease.