divestiture

Also di·vest·ment

[dih-ves-ti-cher, -choor, dahy-]

noun

1. the act of divesting.

2. the state of being divested.

3. something, as property or investments, that has been divested.

   to reexamine the company's acquisitions and divestitures.

4. Also divesture the sale of business holdings or part of a company, especially under legal compulsion.

divestiture

1. 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.

Word History and Origins

Origin of divestiture¹

First recorded in 1595–1605; di- ² + (in)vestiture

Example Sentences

“This divestiture is an important step in returning to simplicity, and we look forward to focusing on our core Jack in the Box brand,” said Tucker said in a Thursday statement.

Read more on Barron's

A Commerce Department spokesman said that Lutnick has “fully complied with the terms of his ethics agreement with respect to divestiture and recusals and will continue to do so.”

Read more on The Wall Street Journal

In the US version of the app, a White House official said ByteDance would make up less than 20% of its new ownership under a "qualified divestiture".

Read more on BBC

“Google will not be required to divest Chrome; nor will the court include a contingent divestiture of the Android operating system in the final judgment,” Mehta wrote.

Read more on Salon

The auto bailouts were explicitly temporary with defined parameters, while the Intel proposal offers no such limitations or timeframes for divestiture.

Read more on Los Angeles Times

Related Words

• disinvestment 
• divestment www.thesaurus.com