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English definition of “asset-stripping”

asset-stripping

noun [U]     /ˈæs.etˌstrɪ.pɪŋ/ /-ɪt-/ disapproving
the activity in which a company buys an unsuccessful company cheaply and sells its assets separately at a profitFinancial investments and the stock market asset-stripper     /ˈæs.etˌstrɪp.ər/ /-ɪt-/ US  // noun [C]
(Definition of asset-stripping noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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