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.
Divestitures of such tangible corporate assets are viewed as efficient transfers of corporate resources (Weston et al.
On consummation of the proposal and after accounting for the proposed divestitures noted in this order, BB&T would become the fifteenth largest commercial banking organization in the United States with total consolidated assets of $93.
In fact, divestitures are becoming a preferred way to create and preserve shareholder value: 73 percent of senior leaders at Fortune 1000 companies queried in a recent KPMG survey predicted that the annual number of corporate divestitures in the U.
Reno would not predict whether the extra time would produce agreement on divestitures that would satisfy the government's objections.
The additional losses are a result of further review of the preliminary December results of operations and additional costs associated with the divestitures of Xcelecom in December.
After consummation of the proposal, and after accounting for the proposed divestitures discussed in this order, First Security would become the 24th largest commercial banking organization in the United States, with total consolidated assets of approximately $38 billion, representing less than 1 percent of total U.
San Diego, Sacramento and Bakersfield represent half the divestitures, while Los Angeles County is losing only two branches, said Kathleen Shilkret, a spokeswoman at the San Francisco-based bank.
HOUSTON -- Anadarko Petroleum Corporation (NYSE:APC) at its investor conference tomorrow will provide an overview of the company's operating and financial expectations, including detailed reviews of the core properties that are expected to help the company deliver a five-year compound annual production growth rate of between 5 percent and 9 percent, pro forma for anticipated divestitures that are expected to close in 2007.
On consummation of the proposal, and after accounting for the proposed divestitures discussed in this order, Chittenden would become the largest depository institution in Vermont, controlling deposits of $2 billion, representing approximately 27.
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).
Confirms Expected Proceeds in Q4 From Divestitures of Non-Core Royal Group Assets