Definition: Indirect sale of non-financial assets

Category: National accounts

The indirect sale of non-financial assets has to be completely recorded in the financial accounts of general government and of the involved enterprise: it is a withdrawal of shares or other equity from the enterprise which was, partially or totally, owned by government, with a counterpart entry as an increasing of a financial asset.
Eurostat, "ESA 95 manual on government deficit and debt, 2002 Edition", Office for Official Publications of the European Communities, Luxembourg, 2002, Chapter II.2