strip
verb [ T ]
uk/strɪp/ us-pp- FINANCE
to remove the interest payments from a bond and sell them separately from the original bond:
Certain of these securities may have variable interest rates and others may be stripped.
(also strip sth down)
to separate a machine or piece of equipment into separate parts in order to clean or repair it:
Apprentices are taught how to strip and repair machinery.
See also
asset-stripping
Phrasal verbs
strip sth away
strip (sth) down
strip sth down
strip sth from sb/sth
strip sb/sth of sth
strip sth off (sth)
strip sth out
strip
noun [ C ]
COMMERCE US uk/strɪp/ us(also strip mall)a row of stores and small businesses built together along the side of a main road:
commercial/retail strips
See also
magnetic strip