Definition of asset-stripping noun from the Oxford Advanced Learner's Dictionary



BrE BrE//ˈæset strɪpɪŋ//
; NAmE NAmE//ˈæset strɪpɪŋ//
[uncountable] (business, usually disapproving) Economy
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the practice of buying a company which is in financial difficulties at a low price and then selling everything that it owns in order to make a profit See related entries: Economy
See the Oxford Advanced American Dictionary entry: asset-stripping