asset-stripping

noun

commerce the practice of taking over a failing company at a low price and then selling the assets piecemeal before closing the company down

Derived Formsasset-stripper, noun

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012