divestiture
something, as property or investments, that has been divested: to reexamine the company's acquisitions and divestitures.
Also di·ves·ture [dih-ves-cher, -choor, dahy-]. /dɪˈvɛs tʃər, -tʃʊər, daɪ-/. the sale of business holdings or part of a company, especially under legal compulsion.
Origin of divestiture
1- Also di·vest·ment [dih-vest-muhnt, dahy-] /dɪˈvɛst mənt, daɪ-/ .
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use divestiture in a sentence
But when it comes to energy, divestment from coal or fossil fuels is much more symbolic—and not very meaningful.
Divestment may an appealing short-term action for people concerned with the effects of coal and fossil fuels on the environment.
And in the case of South Africa, the divestment effort helped hasten the demise of an evil regime.
On campus—and even off-campus—divestment has long been a popular means of channeling outrage.
And for that, boycott-divestment supporters have been quick to pounce.
But in a slack and unreflecting fashion the divestment has gone on until the aggregate effect is unmistakable.
An Inquiry Into The Nature Of Peace And The Terms Of Its Perpetuation | Thorstein Veblen
Cultural definitions for 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 Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Browse