asset-stripper

asset-stripper
asset-stripping ˈasset-ˌstripping verb [uncountable]
FINANCE the practice of buying a company whose shares are worth less than its assets, then selling its assets in order to make a quick profit:

• The new owners turned out to be more interested in asset-stripping than investment.

— asset-stripper noun [countable] :

• There was a fear we were going to come in as asset-strippers, sell everything quickly, and then run.

* * *

asset-stripping UK US noun [U] FINANCE
the activity of buying companies cheaply so that their assets can be sold separately at a profit: »

The buy-outs were leading to job losses and asset-stripping.

»

Asset-stripping is not generally illegal, but many regard it as immoral, as it does little to benefit the economy.

asset-stripper noun [C]
»

The prime building land it owns will make the company very attractive to an asset-stripper.


Financial and business terms. 2012.

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Look at other dictionaries:

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