Definition of asset stripping in English:

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asset stripping

Pronunciation: /ˈasɛt ˌstrɪpɪŋ/

noun

[mass noun]
The practice of taking over a company in financial difficulties and selling each of its assets separately at a profit without regard for the company’s future.
Example sentences
  • When working on controversial buy-outs, they have been accused of asset stripping and looking to make a fast buck without caring about the future of employees.
  • Unlike employees of a large enterprise, employees/owners of a small enterprise are less likely to rely upon profit reserves and asset stripping for the immediate improvement of their living conditions.
  • Out there in the world of university money and politics we are witnessing thinking and planning that involves sly manoeuvring, takeover bids, and asset stripping.

Derivatives

asset stripper

Pronunciation: /ˈasɛt ˌstrɪpə/
noun
Example sentences
  • Something may yet be retrieved once the asset strippers have done their worst - a management buy-out is one possibility.
  • If it were judged purely on a commercial basis the return on capital would stimulate the interest of every asset stripper in town.
  • Many other football clubs still face extinction because of the actions of asset strippers.

For editors and proofreaders

Line breaks: asset strip|ping

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