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English definition of “strip sth away”

strip sth away

phrasal verb with strip     /strɪp/ verb [T] (-pp-)
to get rid of something that is considered not to be necessary: Stripping away layers of bureaucracy would release the extra money necessary to develop services that patients really need.
to remove a large amount of money, for example from a budget, so that there is less to spend: Most of their profits have been stripped away by competitors.
(Definition of strip sth away from the Cambridge Business English Dictionary © Cambridge University Press)
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