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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
  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 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.
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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. 2018

Examples from the Web for divesture

Historical Examples

  • 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.

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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.

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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.