Meaning of the word asset-stripping in English
What does asset-stripping mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
asset-stripping
US /ˈæs.etˌstrɪp.ɪŋ/
UK /ˈæs.etˌstrɪp.ɪŋ/
Noun
1.
the practice of buying a company and selling its assets individually for a profit, often leading to the collapse of the original company
Example:
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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.
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