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divestiture

American  
[dih-ves-ti-cher, -choor, dahy-] / dɪˈvɛs tɪ tʃər, -ˌtʃʊər, daɪ- /
Also divestment

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 the sale of business holdings or part of a company, especially under legal compulsion.

divestiture Cultural  

  1. 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.

Etymology

Origin of divestiture

First recorded in 1595–1605; di- 2 + (in)vestiture

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Global Payments said last month that it had completed its divestiture from its Issuer Solutions business.

From Barron's

Global Payments said last month that it had wrapped up its divestiture from its Issuer Solutions business.

From Barron's

It added that "the divestiture process of this business will be initiated immediately".

From BBC

"The divestiture process of this business will be initiated immediately," the company said in a statement, referring to Capgemini Government Solutions.

From Barron's

Organic sales, a figure that strips out acquisition, divestiture and currency effects, rose 5%.

From The Wall Street Journal

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.