asset-stripping

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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

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His boss, whom he admires, is waiting to meet with him about the big project.

His boss, who he admires, is waiting to meet with him about the big project.

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Derived forms of asset-stripping

asset-stripper, noun

Words nearby asset-stripping

assessment arrangements, assessor, asset, asset-backed fund, assets, asset-stripping, asset value, asseverate, asseveration, assez, asshat

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