asset-stripping
US /ˈæs.etˌstrɪp.ɪŋ/
UK /ˈæs.etˌstrɪp.ɪŋ/
1.
the practice of buying a company and selling its assets individually for a profit, often leading to the collapse of the original company
:
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The company was accused of asset-stripping after acquiring the struggling firm.
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Critics argue that asset-stripping prioritizes short-term gains over long-term stability.