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asset stripping
American English: /ˈæˌsɛt ˈstrɪpɪŋ/

Translation of asset stripping in Spanish:

noun

uncountable
  • 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.

Definition of asset stripping in:

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    Cultural fact of the day

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    Mezcal is an alcoholic drink similar to tequila obtained in Mexico by distilling the juice or aguamiel extracted from roasted tips of the maguey plant. Bottles of mezcal are usually sold containing a gusano, the larva of an insect that lives on the maguey. This is said to enhance the flavor.