This is the 2516th most frequent Korean word.
매각
"매각" means "sale" or "selling off."
Here, "매각" refers to the act of selling off assets by a company for financial reasons.
그 회사는 자금을 확보하기 위해 일부 자산을 매각했습니다.
The company sold certain assets to secure funds.
In this sentence, "매각" describes the selling of a high-value property.
그 고급 빌라는 높은 가격에 매각되었다.
The luxurious villa was sold at a high price.
Here, "매각" indicates the planned process of selling an item, specifically artwork, via auction.