Business GCSE
Selling assets
What Selling assets means in Business GCSE, as defined for Pearson Edexcel.
Definition of Selling assets
Check what you remember
Read the wording for your board, then hide it and explain Selling assets in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
An internal source that raises funds by disposing of items the business no longer needs, such as outdated machinery, but removes those resources from the business.
Topics that use Selling assets
- Business growth (Pearson Edexcel GCSE)
Related terms
- Business growth
- Internal (organic) growth
- Limited liability
- Loan capital
- Merger
- Public limited company (plc)
- Retained profit
- Share capital
Using Selling assets in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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