asset-stripping Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “asset-stripping” in the English Dictionary

"asset-stripping" in British English

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asset-strippingnoun [U]

uk   us   /ˈæs.etˌstrɪ.pɪŋ/ /-ɪt-/ disapproving
the ​activity in which a ​companybuys an ​unsuccessfulcompanycheaply and ​sellsitsassetsseparately at a ​profit
asset-stripper
noun [C] uk   /ˈæs.etˌstrɪp.ər/ /-ɪt-/  us   //
(Definition of asset-stripping from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"asset-stripping" in Business English

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asset-strippingnoun [U]

uk   us   FINANCE
the ​activity of ​buyingcompaniescheaply so that their ​assets can be ​sold separately at a ​profit: The buy-outs were ​leading to ​joblosses and asset-stripping. Asset-stripping is not generally ​illegal, but many ​regard it as immoral, as it does little to ​benefit the ​economy.
asset-stripper
noun [C]
The ​primebuildingland it ​owns will make the ​company very attractive to an asset-stripper.
(Definition of asset-stripping from the Cambridge Business English Dictionary © Cambridge University Press)
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“asset-stripping” in British English

“asset-stripping” in Business English

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