divestituredɪˈvɛs tɪ tʃər, -ˌtʃʊər, daɪ-
divestiture (v)
English Definitions:
divestiture (noun)
an order to an offending party to rid itself of property; it has the purpose of depriving the defendant of the gains of wrongful behavior
"the court found divestiture to be necessary in preventing a monopoly"
divestiture (noun)
the sale by a company of a product line or a subsidiary or a division
divestiture (Noun)
the act of divesting, or something divested
divestiture (Noun)
the sale or liquidation of a subsidiary company, especially if forced by some governing authority
divestiture
In finance and economics, divestment or divestiture is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm. A divestment is the opposite of an investment. Divestiture is an adaptive change and adjustment of a company's ownership and business portfolio made to confront with internal and external changes.
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"divestiture." Kamus.net. STANDS4 LLC, 2024. Web. 29 Mar. 2024. <https://www.kamus.net/english/divestiture>.
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