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

QUIZZES

CAN YOU FEEL THE WEAL WITH THIS WORD OF THE DAY QUIZ?

Did you collect all of last week’s words, but eftsoons forget what they mean? Don’t worry, we’re here to jog your memory. See how many words from the week of May 18 to 24 you can get right!
Question 1 of 7
weal

Derived forms of asset-stripping

asset-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