Definition of “asset-stripping” - English Dictionary

“asset-stripping” in British English

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asset-strippingnoun [ U ]

uk /ˈæs.etˌstrɪp.ɪŋ/ us /ˈæs.etˌstrɪp.ɪŋ/ disapproving

(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 buying companies cheaply so that their assets can be sold separately at a profit:

The buy-outs were leading to job losses 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 prime building land 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)