Dispose definition: Copy, customize, and use instantly
Introduction
The term "Dispose" refers to the act of transferring, selling, or otherwise eliminating an asset or interest in an asset. It is crucial in various contractual contexts, such as when discussing the rights of parties to manage, transfer, or liquidate assets.
Below are various examples of how "Dispose" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Dispose" as sale or transfer of assets
This definition connects "Dispose" to the act of selling or transferring ownership.
"Dispose" means to transfer, sell, or assign the title or ownership of an asset to a third party, whether by sale, lease, or any other form of transfer.
Definition of "Dispose" as elimination of an asset
This definition links "Dispose" to the act of eliminating an asset, often implying its destruction or discarding.
"Dispose" refers to the act of discarding, destroying, or otherwise eliminating an asset, rendering it no longer in use or possession.
Definition of "Dispose" as voluntary action
This definition ties "Dispose" to the voluntary act of relinquishing ownership.
"Dispose" means to voluntarily surrender or relinquish ownership or control of an asset, whether through sale, donation, or other voluntary action.
Definition of "Dispose" as legal transfer
This definition connects "Dispose" to a legal action involving asset transfer.
"Dispose" refers to the act of legally transferring ownership or interest in an asset, through formal agreements or other lawful methods.
Definition of "Dispose" as involuntary transfer
This definition applies "Dispose" to situations where transfer is done without the owner's consent.
"Dispose" means the involuntary transfer or liquidation of an asset, often in accordance with legal or regulatory requirements.
Definition of "Dispose" as sale or disposal of property
This definition links "Dispose" specifically to property-related actions.
"Dispose" refers to the sale, transfer, or other form of disposition of real or personal property.
Definition of "Dispose" as liquidation of an investment
This definition applies "Dispose" to financial transactions, particularly investments.
"Dispose" means to liquidate, sell, or otherwise realize on an investment or financial interest.
Definition of "Dispose" as transferring liability
This definition connects "Dispose" to the transfer of associated liabilities with assets.
"Dispose" refers to the act of transferring ownership or title of an asset, along with its associated liabilities, to another party.
Definition of "Dispose" as sale of tangible goods
This definition ties "Dispose" to the sale of physical products.
"Dispose" means to sell or otherwise transfer tangible goods from one party to another.
Definition of "Dispose" as removal of assets from inventory
This definition links "Dispose" to the removal of goods from business inventories.
"Dispose" refers to the removal, sale, or destruction of goods from a company's inventory.
Definition of "Dispose" as settlement of debt
This definition applies "Dispose" to situations involving debt resolution.
"Dispose" means to liquidate assets or property in order to settle or reduce a debt.
Definition of "Dispose" as distribution of assets
This definition connects "Dispose" to the act of distributing assets among parties.
"Dispose" refers to the act of distributing assets among stakeholders or beneficiaries, according to specific legal or contractual guidelines.
Definition of "Dispose" as charitable contribution
This definition ties "Dispose" to the act of giving away assets or property for charitable purposes.
"Dispose" means to donate, give, or otherwise transfer assets or property to a charitable organization or cause.
Definition of "Dispose" as a component of a merger
This definition links "Dispose" to corporate mergers, where assets may be transferred.
"Dispose" refers to the transfer of assets as part of a merger or acquisition process, often involving strategic reallocation.
Definition of "Dispose" as market transaction
This definition connects "Dispose" to transactions in financial markets.
"Dispose" means to engage in the sale or transaction of assets on the financial market, whether through securities or other instruments.
Definition of "Dispose" as non-sale transfer
This definition applies "Dispose" to transfers that do not involve a sale.
"Dispose" refers to the transfer of ownership or interest in an asset to another party without any exchange of money or compensation.
Definition of "Dispose" as abandonment of asset
This definition links "Dispose" to the abandonment of an asset, removing any future claim to it.
"Dispose" means to abandon or relinquish any claim or ownership over an asset, rendering it effectively unowned.
Definition of "Dispose" as removal of property from premises
This definition connects "Dispose" to physical removal of property.
"Dispose" refers to the act of removing property, including goods, equipment, or materials, from a premises or location.
Definition of "Dispose" as sale of shares
This definition applies "Dispose" to the sale of ownership stakes in companies.
"Dispose" means to sell or transfer shares of stock, ownership units, or equity interests in a corporation or business entity.
Definition of "Dispose" as liquidation under bankruptcy
This definition ties "Dispose" to asset liquidation during bankruptcy proceedings.
"Dispose" refers to the liquidation or sale of assets during bankruptcy proceedings, aimed at settling creditors' claims.
Definition of "Dispose" as tax-advantaged transfer
This definition links "Dispose" to transfers that qualify for specific tax treatments.
"Dispose" means to transfer ownership of assets in a manner that is eligible for preferential tax treatment or exemptions.
Definition of "Dispose" as investment portfolio rebalancing
This definition applies "Dispose" to the rebalancing of an investment portfolio.
"Dispose" refers to the selling or transferring of certain securities or assets as part of a portfolio rebalancing strategy.
Definition of "Dispose" as clearing out unused assets
This definition connects "Dispose" to removing unneeded assets from a business or entity.
"Dispose" means to clear out or eliminate unused, obsolete, or redundant assets from an organization's books.
Definition of "Dispose" as exchange of assets
This definition links "Dispose" to the act of exchanging assets with another party.
"Dispose" refers to the exchange of one asset for another, with or without monetary compensation.
Definition of "Dispose" as sale in a distressed scenario
This definition applies "Dispose" to forced or distressed sales.
"Dispose" means to sell assets under distress, often at a loss, due to external financial pressures or conditions.
Definition of "Dispose" as transfer in a regulatory context
This definition connects "Dispose" to regulatory-driven transfers.
"Dispose" refers to the transfer of assets mandated or required by regulatory authorities for compliance with specific laws or regulations.
Definition of "Dispose" as liquidation of business
This definition links "Dispose" to the complete liquidation of a business entity.
"Dispose" means the sale or liquidation of all assets owned by a business entity in connection with its closure or dissolution.
Definition of "Dispose" as use in bankruptcy estates
This definition applies "Dispose" to the sale of assets from bankruptcy estates.
"Dispose" refers to the act of selling or transferring assets from a bankruptcy estate, typically to settle outstanding debts or obligations.
Definition of "Dispose" as provision of assets in settlement
This definition ties "Dispose" to providing assets in settlement arrangements.
"Dispose" means to transfer ownership of assets as part of an agreed settlement, whether in the context of litigation or dispute resolution.
Definition of "Dispose" as structured transfer
This definition links "Dispose" to the structured transfer of assets under a specific agreement.
"Dispose" refers to the structured transfer of assets in accordance with predefined contractual terms, often in structured finance or investments.
Definition of "Dispose" as settlement of liabilities
This definition connects "Dispose" to the use of assets to settle liabilities.
"Dispose" means to sell or transfer assets for the purpose of settling outstanding liabilities or debts.
Definition of "Dispose" as sale due to regulatory requirements
This definition applies "Dispose" to asset sales driven by regulatory compliance.
"Dispose" refers to the sale or transfer of assets required by regulatory bodies, ensuring compliance with relevant laws or rules.
Definition of "Dispose" as asset stripping
This definition ties "Dispose" to the sale of assets to extract value.
"Dispose" means the act of selling off assets from a business, typically for the purpose of extracting value before dissolving or downsizing.
Definition of "Dispose" as public auction
This definition links "Dispose" to the public auction of assets.
"Dispose" refers to the public auction or sale of assets to the highest bidder, often in a transparent and competitive manner.
Definition of "Dispose" as voluntary liquidation
This definition connects "Dispose" to voluntary asset liquidation decisions.
"Dispose" means the voluntary liquidation or sale of assets, typically in an orderly fashion, in preparation for business closure or downsizing.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.