divestiture
or di·vest·ment
[ dih-ves-ti-cher, -choo r or dih-vest-muh nt; dahy- ]
/ dɪˈvɛs tɪ tʃər, -ˌtʃʊər or dɪˈvɛst mənt; daɪ- /
noun
the act of divesting.
the state of being divested.
something, as property or investments, that has been divested: to reexamine the company's acquisitions and divestitures.
Also di·ves·ture
[dih-ves-cher, -choo r, dahy-] /dɪˈvɛs tʃər, -tʃʊər, daɪ-/.
the sale of business holdings or part of a company, especially under legal compulsion.
Origin of divestiture
First recorded in 1595–1605;
di-2 +
(in)vestiture
Words nearby divestiture
divertissement,
divertive,
dives,
divest,
divestible,
divestiture,
divi,
divi-divi,
divid.,
dividable,
divide
Example sentences from the Web for divesture
Having effected her divesture, she left her to herself for a while, and proceeded to procure her some refreshments.
Hildebrand |Anonymous
Cultural definitions for divesture
divestiture
[ (deye-ves-tuh-chuhr, deye-ves-tuh-choor) ]
The act of a corporation or conglomerate in getting rid of a subsidiary company or division. In a tactic to pressure South Africa to end apartheid, during the 1980s many Americans and Europeans urged divestiture on corporations doing business in South Africa.