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scorched earth policy |
Also found in: Financial | 0.04 sec. |
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scorched earth policy n
1. (Military) the policy in warfare of removing or destroying everything that might be useful to an invading enemy, esp by fire 2. (Economics) Business a manoeuvre by a company expecting an unwelcome takeover bid in which apparent profitability is greatly reduced by a reversible operation, such as borrowing at an exorbitant interest rate How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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