divestiture


Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia, Wikipedia.

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.
1996) and use of divestiture proceeds (Bates, 2005) are significant variables influencing post-divestiture performance.
Divestiture differs from firing clients by more closely resembling a partial sale of a practice.
After the proposed merger and divestiture, BB&T would remain the largest depository institution in the market, controlling deposits of approximately $179.
Leaders who follow a rigorous and systematic process can make divestiture a first-choice strategy rather than a last-resort reaction to events.
The study of divestiture of public enterprises is one of the most rapidly growing areas in economics.
6 million was realized in 2006, from the losses associated with the divestiture of Xcelecom will help fund the capital program.
11) After the proposed merger and divestiture, BB&T would become the largest depository institution in the banking market, controlling deposits of $158.
s latest divestiture proposal, raising doubts about whether Lockheed Martin will be able to complete its proposed $12 billion takeover of Northrop.
The Bell System divestiture put AT&T squarely into a fiercely competitive business environment.
At the meeting tomorrow, Anadarko will outline the major remaining assets targeted for divestiture by year-end 2007, with expected incremental after-tax proceeds totaling between $5 billion and $9 billion.
On consummation of the proposed merger and divestiture, Chittenden would become the largest depository institution in the market, controlling deposits of $227.