die Veräußerung
sale
The formal act of selling property, shares, or other valuables.
Die Veräußerung der Immobilie wurde letzte Woche notariell beurkundet.
The sale of the property was notarized last week.

sale
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sale
The formal act of selling property, shares, or other valuables.
Die Veräußerung der Immobilie wurde letzte Woche notariell beurkundet.
The sale of the property was notarized last week.

'Die Veräußerung' (the sale/disposal) is the noun corresponding to the verb 'veräußern' (to sell/dispose of). If you know the verb, you can derive the meaning of the noun directly: it is the act of selling.
Die Veräußerung des Unternehmens dauerte mehrere Monate.
The sale of the company took several months.
Just like the verb 'veräußern' (to sell/dispose of), the noun 'die Veräußerung' (the sale/disposal) is a formal term from legal and business language. In everyday language, people simply speak of 'Verkauf' (sale).
Der Vertrag regelt alle Details der Veräußerung.
The contract regulates all details of the sale.
To specify what is being sold, the genitive or the preposition 'von' (of) with the dative is often used. The genitive is the more formal variant.
Die Veräußerung des Grundstücks brachte einen hohen Gewinn.
The sale of the plot of land brought a high profit.
sale / sales
'der Verkauf' and 'die Veräußerung' can both mean that ownership is given up in exchange for money. 'Der Verkauf' is the normal everyday word and fits almost all goods and services. 'Die Veräußerung' sounds much more formal and is used more for property, land, company shares, or valuables. In contracts, with authorities, or in legal texts, 'Veräußerung' is more precise. In normal conversation, 'Verkauf' usually sounds more natural.

Der Notar prüft die Unterlagen, bevor die Veräußerung des Grundstücks abgeschlossen wird.
The notary checks the documents before the sale of the property is finalized.
In der Pause spricht Lisa über den Verkauf ihres alten Laptops.
During the break, Lisa talks about the sale of her old laptop.