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Sentences with asset-stripping

as·set-strip
A a
  • The firm was accused of asset-stripping after it sold off its wholesale business.When the assets of the company are sold off for making quick profit instead of running the company for steady and long-term gain, asset-stripping is said to have occurred.Asset-stripping is the act of buying companies cheaply, selling their assets to make a profit, and then closing the companies down.
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