asset-stripping

noun

chiefly British
: the practice of buying a company that is not successful at a low price and then selling its property (such as buildings or land) to make a profit

Dictionary Entries Near asset-stripping

Cite this Entry

“Asset-stripping.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/asset-stripping. Accessed 29 Nov. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!