asset-stripping

noun

Definition of asset-stripping

chiefly British
: the practice of buying a company that is not successful at a low price and then selling its property (such as buildings or land) to make a profit

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“Asset-stripping.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/asset-stripping. Accessed 6 December 2019.

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