Asset-stripping
noun
(commerce) the practice of taking over a failing company at a low price and then selling the assets piecemeal before closing the company down
noun
the practice of buying a failing company,then selling its assets for a profit
Examples
Asset-stripping involves selling successful parts of a company such as brand names to make a profit.
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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 […]
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