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asset-stripping

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
asset-stripping
Commerce the practice of taking over a failing company at a low price and then selling the assets piecemeal


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This is asset-stripping GPs to help pay for the overspending by health boards.
But lifelong Villa fan Neville has nevertheless assured Ellis that the consortium would not undertake an asset-stripping policy.
No consortium that I have ever fronted has ever been involved in asset-stripping and I'm not about to start now," said Neville.
 
 
 
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