di·ves·ti·ture (d -v s t-ch r, -ch r , d -)n. 1. An act of divesting. 2. The sale, liquidation, or spinoff of a corporate division or subsidiary. [From Medieval Latin d vesttus, past participle of dvestre, to undress, variant of disvestre : Latin dis-, dis- + Latin vestre, to dress; see vestment.] |
ThesaurusLegend: Synonyms Related Words Antonyms
| Noun | 1. | 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" |
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