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.
In addition, the company is initiating a process to explore the divestiture of the royalty stream associated with BTG's Zytiga licensing arrangements and anticipates closing this divestiture by the end of 2019.
Done well, a divestiture prevents the competitive harm likely to result from a proposed merger and ensures that competition remains as robust as it was premerger.
To allow the transaction to close on a timely basis in light of concerns expressed by the FTC, the company is planning the divestiture of Otzela (apremilast).
International Resource News-April 29, 2019--Tronox Holdings completes divestiture of its 8120 paper-laminate product grade to Venator Materials
The Bureau has announced that it is accepting for filing the divestiture applications in a proceeding that will see a transfer of control of the Tribune Media entity to Nexstar.
After tax, proceeds for the divestiture are expected to be $500 million.
As previously reported, the European Commission's approval was conditional on the divestiture of the Varta consumer battery, chargers, portable power and portable lighting business in the Europe, the Middle East and Africa region, including manufacturing and distribution facilities in Germany.
Newell Brands Inc (NASDAQ:NWL) disclosed on Friday the divestiture of two businesses, Pure Fishing and Jostens, as it continues to execute on its Accelerated Transformation Plan to create a stronger consumer-focused portfolio of brands.
Auto Business News-November 5, 2018--Cooper Standard signs contract for divestiture of anti-vibration systems business to Continental
The issue now to be decided is how competition can be restored, and whether divestiture of Towanda (without or along with the requested conduct remedies) is the correct, and, as Steves urges, indeed the only way to do that.