divestiture

divestiture

[dih-ves-ti-cher, -choor, dahy-]
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, divesture [dih-ves-cher, -choor, dahy-] . the sale of business holdings or part of a company, especially under legal compulsion.
Also, divestment.


Origin:
1595–1605; di-2 + (in)vestiture

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To divestiture
Collins
World English Dictionary
divest (daɪˈvɛst)
 
vb (usually foll by of)
1.  to strip (of clothes): to divest oneself of one's coat
2.  to deprive or dispossess
3.  property law to take away an estate or interest in property vested (in a person)
 
[C17: changed from earlier devest]
 
di'vestible
 
adj
 
divestiture
 
n
 
divesture
 
n
 
di'vestment
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
American Heritage
Cultural Dictionary
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 American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature
FAVORITES
RECENT

;