Asset Stripper

Business, Legal & Accounting Glossary

Definition: Asset Stripper


Asset Stripper

Quick Summary of Asset Stripper


A corporate raider who acquires a target company with the intention of selling off some of the target’s assets to repay outstanding debt, under the belief that the assets which remain after the “stripping” will be worth significantly more than the purchase price.




Full Definition of 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 assets that are worth more than what it paid for company B.


Related Phrases


liquidation value
hostile takeover


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/asset-stripper/
Modern Language Association (MLA):
Asset Stripper. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
October 05, 2022 https://payrollheaven.com/define/asset-stripper/.
Chicago Manual of Style (CMS):
Asset Stripper. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/asset-stripper/ (accessed: October 05, 2022).
American Psychological Association (APA):
Asset Stripper. PayrollHeaven.com. Retrieved October 05, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/asset-stripper/

Definition Sources


Definitions for Asset Stripper are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 5th April, 2022 | 0 Views.