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 (dĭ-vĕs′tĭ-chər, -cho͝or′, dī-)
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.]


(dɪˈvɛs tɪ tʃər, -ˌtʃʊər, daɪ-)

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"


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


, divestment
n (form)
(= deprivation) (of clothes)Entkleidung f, → Entblößung f; (of rights) → Beraubung f
(Fin: of investment) → Veräußerung f
References in periodicals archive ?
Quimby spent nine years with Chesapeake Energy Corporation with her last position being Manager-Acquisitions and Divestures.
In his new role in CNA Financial he will be responsible for corporate mergers, acquisitions and divestures.
7 million on divestures in the third quarter of 2010 partly offset by an increased income from site services.
In 2000, the revision of Commercial Codes introduced procedures for splitting-up companies to facilitate restructuring through spin-offs and divestures, and the enactment of Civil Rehabilitation Law simplified bankruptcy reorganization procedures.
The company also confirmed that while its Brownes dairy business it would not be affected by the divestures, the company would be holding a "strategic review" of this segment, which it acquired in 2002.
The saga of the Alltel-Verizon merger continues as parties interested in snapping up the divestures begin to take the stage.
Laidley has extensive experience in the areas of corporate reorganizations, acquisitions and divestures.
The company executed several divestures over the last few years, including assets such as Refineria San Lorenzo and Innova.
As a result of the prior divestures and subsequent recent acquisitions and investments, the name Media Services Group, Inc.
Fitch believes management will continue to be disciplined in its approach to divestures and acquisitions.