- The act of stripping, or depriving; the state of being
divested; the deprivation, or surrender, of possession of property,
rights, etc.
Meaning of 'divestiture' (Princeton's WordNet)
1 . divestiture
[ n]
Meaning (1): - 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
Example in sentence:
the court found divestiture to be necessary in preventing a monopoly
Divestiture Divestiture means the sale or removal of a business/firm or a major component . It refers to spinning off a financially and managerially independent company or selling it outright.
Divestiture Strategy A grand strategy that involves the sale of a firm or a major unit of a firm as a going concern .