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asset stripping
(redirected from Asset-stripping)

    Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
asset stripping
The sale of selected assets of an acquired company generally for the purpose of raising money to pay off some of the debt incurred in financing the acquisition.


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But the workforce of 120 wanted to keep the ownership local, to avoid the risk of asset-stripping by an outside company or subsequent closure.
Workers' butterfly aims to start a whirlwind: how can enterprises ... by Smith, Michael / For A Change
Rather than providing incentives for wealth creation, privatization provided incentives for asset-stripping, with huge movements of capital abroad--$2 billion to $3 billion a month.
Joseph Stiglitz by Komisar, Lucy / The Progressive
Such an attempt would certainly be disastrous for those at the forefront of these organizations who hope to get rich quick through asset-stripping and arbitrage on a grand scale.
Post-communism: an infantile disorder by Sunley, Johnathan / The National Interest
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