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asset-stripping |
Also found in: Financial, Wikipedia, Hutchinson | 0.06 sec. |
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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
Translationsasset-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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? Mentioned in | ? References in periodicals archive | |
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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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