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divestiture
(redirected from Divestitures)

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
di·ves·ti·ture  (d-vst-chr, -chr, d-)
n.
1. An act of divesting.
2. The sale, liquidation, or spinoff of a corporate division or subsidiary.

[From Medieval Latin dvesttus, past participle of dvestre, to undress, variant of disvestre : Latin dis-, dis- + Latin vestre, to dress; see vestment.]
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.divestiture - 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"
court order - a writ issued by a court of law requiring a person to do something or to refrain from doing something
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
2.divestiture - the sale by a company of a product line or a subsidiary or a division
sale - a particular instance of selling; "he has just made his first sale"; "they had to complete the sale before the banks closed"
Translations
divestiture, divestment
n (form)
(= deprivation) (of clothes)Entkleidung f, → Entblößung f; (of rights) → Beraubung f
(Fin: of investment) → Veräußerung f


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? Mentioned in ? References in periodicals archive
 
Divestitures may once have been looked upon as a symbol of failure, but no more.
Reno would not predict whether the extra time would produce agreement on divestitures that would satisfy the government's objections.
The divestiture of Flexible Lamps, a UK manufacturer of lighting systems for commercial vehicles, following the divestitures earlier this year of the company's Neapco and Pioneer business units, furthers UCI's Centers of Excellence strategy, allowing the company now to devote full focus and attention to its core automotive aftermarket businesses: Airtex Products (fuel systems), ASC Industries (cooling systems), Champion Laboratories (filtration) and Wells Manufacturing (engine management).
 
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