asset stripping
a
ˈæ
ā
sset
sɛt
set
stri
strɪ
stri
pping
pɪng
ping
British pronunciation
/ˈasɛt 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

Wiki
example
Examples
The company engaged in asset stripping, selling off its valuable properties and intellectual assets to generate short-term profits.
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