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English definition of “asset-stripping”

asset-stripping

noun [U] uk   /ˈæs.etˌstrɪ.pɪŋ/ /-ɪt-/ disapproving us  
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
noun [C] uk   /ˈæs.etˌstrɪp.ər/ /-ɪt-/ us    //
(Definition of asset-stripping from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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