asset-stripping

British

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

"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

Other Word Forms

asset-stripper

noun

Example Sentences

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See Examples For:

asset-stripping

One campaigner - who contacted BBC Scotland News but declined to be named - said the ongoing development amounted to "asset-stripping a nature site".

From BBC ● May 3, 2026

He described the plans as an "asset-stripping business plan" that will lead to the break-up of the company.

From BBC ● Oct. 12, 2022

Owners Colin Goldring and Jason Whittingham have been accused of asset-stripping the Warriors, whose men’s team has been in the Premiership since 2015.

From Seattle Times ● Oct. 12, 2022

Mr Browder rightly assumed that he had overstepped the mark in his lambasting of Russian tycoons for corruption and asset-stripping.

From Economist ● Jan. 29, 2015

It's all a far cry from Gekko's heyday of asset-stripping.

From The Guardian ● Oct. 4, 2010

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023