Asset purchase agreement

{
  "id": "MLC-T-LAW-000587",
  "term": "Asset purchase agreement",
  "field": "Law",
  "definition": "A contract between a buyer and seller that outlines the terms and conditions for the sale and transfer of specific assets of a business. Unlike a stock purchase, the buyer acquires only selected assets and liabilities, not the entire entity. This agreement specifies which assets are being transferred and their purchase price.",
  "url": "https://mlchart.com/terminology/law/asset-purchase-agreement/"
}