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or divestment

[dih-ves-ti-cher, -choo r or dih-vest-muh nt; dahy-] /dɪˈvɛs tɪ tʃər, -ˌtʃʊər or dɪˈvɛst mənt; daɪ-/
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, divesture
[dih-ves-cher, -choo r, dahy-] /dɪˈvɛs tʃər, -tʃʊər, daɪ-/ (Show IPA)
. 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 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Examples from the Web for divestiture
Historical Examples
  • This divestiture of sensation proceeds to such an extent that there is nothing left beyond what M. Villey calls the pure form.

  • He is more puzzled over this problem of divestiture than any other, and finds the solution of it only in "sexual selection."

    Life: Its True Genesis R. W. Wright
Word Origin and History for divestiture

c.1600, from divest on analogy of investiture. Economics sense is from 1961.

Online Etymology Dictionary, © 2010 Douglas Harper
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divestiture in Culture
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.

The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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