Link Centre Dictionary

divestiture

di·ves·ti·ture

UK/daɪˈvɛstɪt͡ʃə/ US/dɪˈvɛstɪt͡ʃɚ/ fairly common

noun

1.

an order to an offending party to rid itself of property; it has the purpose of depriving the defendant of the gains of wrongful behavior

  • “the court found divestiture to be necessary in preventing a monopoly”
2.

the sale by a company of a product line or a subsidiary or a division

Phrases

  • horizontal divestiture

Related words

Word family

Broader terms

WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). CMU Pronouncing Dictionary. WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.