divestiture
NounUS[dih-ves-tih-cher]/dɪˈvɛstɪtʃɚ/4 syllablesalso [dahy-ves-tih-cher] /daɪˈvɛstɪtʃɚ/
Open English WordNet
Noun (2)
- 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”Type of court order
- the sale by a company of a product line or a subsidiary or a divisionType of sale
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epiphanynoun
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Webster's Dictionary (1913)
Di·vest′i·ture (?; 135), noun
The act of stripping, or depriving; the state of being divested; the deprivation, or surrender, of possession of property, rights, etc.
Webster’s Revised Unabridged Dictionary (1913), from GCIDE 0.54