[dih-ves-ti-cher, -choo r or dih-vest-muh nt; dahy-]
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
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
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
c.1600, from divest on analogy of investiture. Economics sense is from 1961.
Online Etymology Dictionary, © 2010 Douglas Harper
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.