Longman Dictionary of Contemporary English homepage

asset stripping

 noun
     
Related topics: Finance
asset stripping [uncountable]
BF the practice of buying a company cheaply and then selling all the things it owns to make a quick profit - used to show disapproval
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.

Dictionary pictures of the day
Do you know what each of these is called?
What is the word for picture 1? What is the word for picture 2? What is the word for picture 3? What is the word for picture 4?
Click on any of the pictures above to find out what it is called.

Explore our topic dictionary

Browse the dictionary