asset-stripping
noun/ˈæset strɪpɪŋ/
/ˈæset strɪpɪŋ/
[uncountable] (business, usually disapproving)- the practice of buying a company that is in financial difficulties at a low price and then selling everything that it owns in order to make a profitTopics Moneyc2
Definitions on the go
Look up any word in the dictionary offline, anytime, anywhere with the Oxford Advanced Learner’s Dictionary app.
Check pronunciation:
asset-stripping