divestiture


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di·ves·ti·ture

 (dĭ-vĕs′tĭ-chər, -cho͝or′, 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.]

di•vest•i•ture

(dɪˈvɛs tɪ tʃər, -ˌtʃʊər, daɪ-)

n.
1. the act of divesting.
2. the state of being divested.
3. something, as property or investments, that has been divested.
4. the sale of business holdings by government order.
[1595–1605; di-2 + (in) vestiture]
ThesaurusAntonymsRelated WordsSynonymsLegend:
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"

divestiture

noun
The condition of being deprived of what one once had or ought to have:
Translations

divestiture

, divestment
n (form)
(= deprivation) (of clothes)Entkleidung f, → Entblößung f; (of rights) → Beraubung f
(Fin: of investment) → Veräußerung f
References in classic literature ?
The United States, as now composed, have no powers to exact obedience, or punish disobedience to their resolutions, either by pecuniary mulcts, by a suspension or divestiture of privileges, or by any other constitutional mode.
1996) and use of divestiture proceeds (Bates, 2005) are significant variables influencing post-divestiture performance.
Divestiture differs from firing clients by more closely resembling a partial sale of a practice.
No divestiture of nuclear capacity or nuclear plants would be required by DOJ, as the increased fossil divestiture will resolve all competition issues.
We advanced the IDE divestiture process and expect to announce a buyer in the next several months.
The Macy's at Warwick Mall (309,000 square feet, opened in 1970) is a duplicate location Federated previously announced for divestiture as a result of its acquisition of The May Department Stores Company.
At the same time, the divestiture of our private label soup and infant feeding businesses enables us to focus innovation initiatives and financial resources against faster-growing, margin-enhancing branded businesses that share a common go-to-market platform.
AMEX: GRN), a leading recycler of over 20 million scrap tires per year in the United States, today announced that the filing of its Form 10-KSB for the fiscal year ended September 30, 2005 will be delayed no longer than 30 days in order to finalize the accounting treatment of the pending divestiture of its Georgia operating assets.
The divestiture of Tegel Foods represents another important step in executing our strategic plan to focus on core categories in which Heinz has unique strengths, namely condiments & sauces; meals & snacks; and infant nutrition.
Heinz Company's (NYSE:HNZ) growth strategy announced earlier this year to focus on its three core categories and to explore the divestiture of non-core businesses around the world, Heinz has agreed with The Hain Celestial Group, Inc.
As part of the divestiture process, the Company has signed a definitive agreement to sell its aerospace business to Eaton Corporation for approximately $333 million, subject to regulatory approval and customary closing conditions.
The company is in discussion with its investment bankers regarding the potential divestiture of non-core businesses representing approximately $1.