asset stripping
Pronunciation
/ˈæsɛt stɹˈɪpɪŋ/

Definition & Meaning of "asset stripping"in English

Asset stripping
01

the act of buying a company and then selling its assets separately, often at a profit, without regard for the company's long-term viability

Grammatical Information
Animacy status
Abstract
Composition
Compound
Uncountable
Examples
The company engaged in asset stripping, selling off its valuable properties and intellectual assets to generate short-term profits.
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