Definition & Meaning of "asset stripping"in English

Asset stripping

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

singular

not gender specific

Examples

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

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