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asset-stripping

   Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
asset-stripping
Noun
Commerce the practice of taking over a failing company at a low price and then selling the assets piecemeal
asset-stripper n
Translations
asset-stripping [ˈæsɛtˈstrɪpɪŋ] n (COMM) → acaparamiento de activos
asset-stripping [ˈæsɛtˈstrɪpɪŋ] n (Comm) → récupération f (et démantèlement m) d'une entreprise en difficulté
asset-stripping [ˈæsɛtˈstrɪpɪŋ] asset n (Comm) → Aufkauf von finanziell gefährdeten Firmen und anschließender Verkauf ihrer Vermögenswerte
asset-stripping [ˈæsɛtˈstrɪpɪŋ] n (COMM) → acquisto di una società in fallimento con lo scopo di rivenderne le attività


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But the workforce of 120 wanted to keep the ownership local, to avoid the risk of asset-stripping by an outside company or subsequent closure.
Rather than providing incentives for wealth creation, privatization provided incentives for asset-stripping, with huge movements of capital abroad--$2 billion to $3 billion a month.
Such an attempt would certainly be disastrous for those at the forefront of these organizations who hope to get rich quick through asset-stripping and arbitrage on a grand scale.
 
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