Definition: Direct sale of non-financial assets

National accounts

The direct sale of non-financial assets has to be recorded in the capital account of general government: it is a disposal of non-financial assets, with a positive impact of net lending/borrowing of general government.  The non-financial assets may be fixed assets, inventories, valuables, land or other non-produced non-financial assets.
Eurostat, "ESA 95 manual on government deficit and debt, 2002 Edition", Office for Official Publications of the European Communities, Luxembourg, 2002, Chapter II.2

Search box