Origin of divestiture
Examples from the Web for divesture
Having effected her divesture, she left her to herself for a while, and proceeded to procure her some refreshments.Hildebrand|Anonymous
c.1600, from divest on analogy of investiture. Economics sense is from 1961.
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.