asset-stripping
noun [ U ]
FINANCE ukusthe 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.