(commerce) the practice of taking over a failing company at a low price and then selling the assets piecemeal before closing the company down
the practice of buying a failing company,then selling its assets for a profit
Asset-stripping involves selling successful parts of a company such as brand names to make a profit.
a useful and desirable thing or quality: Organizational ability is an asset. a single item of ownership having exchange value. assets. items of ownership convertible into cash; total resources of a person or business, as cash, notes and accounts receivable, securities, inventories, goodwill, fixtures, machinery, or real estate (opposed to ). Accounting. the items detailed […]
to declare earnestly or solemnly; affirm positively; aver. Historical Examples And I hereby do fully and freely declare and asseverate, that the Woods did not tremble to a kiss, and that the lovers did. Life of Lord Byron, Vol. 6 (of 6) Thomas Moore She did not asseverate any more, nor even say she was […]
the act of . an emphatic assertion. Historical Examples Finally through the mist he heard the asseveration that it must be the work of fox or badger. Bakemono Yashiki (The Haunted House) James S. De Benneville It has not occurred to her that his words are a question rather than an asseveration. April’s Lady Margaret […]
assfuck noun An act of anal intercourse verb To do anal intercourse; bugger, bunghole