Normally, businesses only dispose of property, plant, and equipment by either sale or exchange.

Property, Plant, Equipment

Property, plant, and equipment (PP&E) are long-term tangible assets that are used in the operations of a business and are subject to depreciation.

Disposal

The process of disposing an asset by selling, exchanging, retiring it, or by destroying it.

Sale

A transaction between two parties where the buyer receives goods, services, or assets in exchange for money or other consideration.