divestiture

American  

[dih-ves-ti-cher, -choor, dahy-] / dɪˈvɛs tɪ tʃər, -ˌtʃʊər, daɪ- /

Also divestment

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.

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divestiture Cultural  

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.

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Etymology

Origin of divestiture

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

Example Sentences

The agencies have reached seven settlements that required divestitures or promises to refrain from anticompetitive behavior so far this year, according to a Wall Street Journal analysis of federal data.

From The Wall Street Journal

“Various scenarios could be pursued to realize this value, including multiple breakup options with or without additional asset divestitures,” he said.

From The Wall Street Journal

Some of the reduction stems from the company’s divestiture of television stations in Chile and Argentina.

From Los Angeles Times

“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.

From 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.”

From The Wall Street Journal

Related Words

• disinvestment
• divestment