asset-stripping ˈasset-ˌstripping verb [uncountable]FINANCE the practice of buying a company whose shares are worth less than its assets, then selling its assets in order to make a quick profit:
• The new owners turned out to be more interested in asset-stripping than investment.— asset-stripper noun [countable] :
• There was a fear we were going to come in as asset-strippers, sell everything quickly, and then run.
* * *asset-stripping UK US noun [U] FINANCE► 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.asset-stripper noun [C]► »
The prime building land it owns will make the company very attractive to an asset-stripper.
Financial and business terms. 2012.
Look at other dictionaries:
Asset Stripper — An individual or company, which purchases a corporation with the intention of dividing that corporation up into its parts and selling these parts for profit. An asset stripper will determine if the value of a company is worth more as a whole or… … Investment dictionary
asset stripper — A CORPORATE RAIDER who buys a company intending to sell all or most of the company’s prized assets to pay off the debt incurred in purchasing the company. An asset stripper calculates that the remaining parts of the company will be valuable … American business jargon
asset-stripper — assˈet stripper noun • • • Main Entry: ↑asset … Useful english dictionary
asset stripper — A corporate raider ( company A) that takes over a target company (company B) in order to sell large assets of company B to repay debt. Company A calculates that the net, selling off the assets and paying off the debt, will leave the raider with… … Financial and business terms
asset stripper — / æset ˌstrɪpə/ noun a person who buys a company to sell its assets … Dictionary of banking and finance
asset-stripping — ˈasset ˌstripping verb [uncountable] FINANCE the practice of buying a company whose shares are worth less than its assets, then selling its assets in order to make a quick profit: • The new owners turned out to be more interested in asset… … Financial and business terms
asset stripping — The acquisition or takeover of a company whose shares are valued below their asset value, and the subsequent sale of the company s most valuable assets. Having identified a suitable company, an entrepreneur would acquire a controlling interest in … Accounting dictionary
asset-stripping — noun the practice of taking over a company in financial difficulties and selling each of its assets at a profit. Derivatives asset stripper noun … English new terms dictionary
«Поглотитель» активов — ASSET STRIPPER Компания хищник, устанавливающая контроль над другой компанией с целью получения прибыли от распродажи ее активов. Возможность поглощения активов возникает в том случае, когда стоимость активов компании на фондовой бирже сильно… … Словарь-справочник по экономике
Tooth and Co. — Tooth and Co. was the major brewer of beer in New South Wales, Australia. The company owned a large brewery on Broadway in Sydney from 1835 until 1985, known as the Kent Brewery. A listed company, (ASX Code: TTH) historically one of Australia’s… … Wikipedia