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divestiture

or di·vest·ment

[dih-ves-ti-cher, -choo r or dih-vest-muh nt; dahy-]
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noun

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 di·ves·ture [dih-ves-cher, -choo r, dahy-] /dɪˈvɛs tʃər, -tʃʊər, daɪ-/. 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
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Related Words for divesture

divestment, disinvestment, dispossession, privation

Examples from the Web for divesture

Historical Examples of divesture

  • Having effected her divesture, she left her to herself for a while, and proceeded to procure her some refreshments.

    Hildebrand

    Anonymous

Word Origin and History for divesture

divestiture

n.

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

Online Etymology Dictionary, © 2010 Douglas Harper
divesture 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 Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.