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divestiture

 - 6 dictionary results

di⋅vest⋅i⋅ture

[di-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, di⋅ves⋅ture [di-ves-cher, -choor, dahy-] . the sale of business holdings or part of a company, esp. under legal compulsion.
Also, di⋅vest⋅ment.


Origin:
1595–1605; di- 2 + (in)vestiture
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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di·ves·ti·ture   (dĭ-věs'tĭ-chər, -chŏŏr', dī-)   
n.  
  1. An act of divesting.

  2. The sale, liquidation, or spinoff of a corporate division or subsidiary.


[From Medieval Latin dīvestītus, past participle of dīvestīre, to undress, variant of disvestīre : Latin dis-, dis- + Latin vestīre, to dress; see vestment.]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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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.
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Financial Dictionary

Divestiture

Refers to the sale of a subsidiary company, also called "spin-off."

Investopedia Commentary

An example is when AT&T was forced to divest (breakup) by the U.S. Dept of Justice.

Related Links

The Basics of Mergers and Acquisitions

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

divestiture

The sale, liquidation, or spinoff of a division or subsidiary. For example, a firm may decide to divest itself of a division in order to concentrate its managerial efforts on more promising segments of its business.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: di·ves·ti·ture
Pronunciation: dI-'ves-ti-"chur, d&-, -ch&r
Function: noun
1 : the sale or transfer of title to a property (as an operating division) under court order (as in bankruptcy)
2 : the sale of an asset (as a business division) that is unprofitable, does not enhance a corporate restructuring, or is felt to be morally reprehensible
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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