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.
"These initial divestitures represent important steps in advancing the growth strategy Takeda outlined following our transformational acquisition of Shire earlier this year," said Christophe Weber, president and CEO of Takeda.
What's in focus in this pleading cycle are the divestitures tied to the merger's completion.
This is the latest in a string of divestitures from the Hoboken-based company.
In addition, the combined gross proceeds from both transactions were about USD2.6bn and Newell continues to expect about USD2.5bn of after-tax proceeds from these divestitures, subject to customary working capital and other transaction adjustments.
The Negative Outlook reflects recent operational challenges and integration issues, risks associated with the accelerated business divestitures and activist led board changes.
US-based medical technology company BD (Becton, Dickinson and Company) (NYSE: BDX) has closed the divestitures of its soft tissue core needle biopsy product line and Aspira product line to US-based disposable medical device maker Merit Medical Systems, Inc.
BANKING AND CREDIT NEWS-April 13, 2017-Seaport Global Securities launches upstream acquisitions & divestitures division
NEW YORK -- With the nation's biggest-ever drug chain merger awaiting the OK from regulators, industry observers have pondered the number of store divestitures that it might take for Walgreens to wrap up its acquisition of Rite Aid.
Some analysts agreed, estimating the likely divestitures at around 400.
The divestitures, which enabled American Airlines and US Airways to complete their merger, were mandated by the previously announced settlements with the US Department of Justice (DOJ), the states of Arizona, Florida, Michigan, Tennessee, the commonwealths of Pennsylvania and Virginia, and the District of Columbia.