0 the activity in which a company buys an unsuccessful company cheaply and sells its assets separately at a profit
1 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.
NYA ORD
European
May 10, 2021
DAGENS ORD
Shimmer
asset-stripping