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disinvestment |
Also found in: Wikipedia, Hutchinson | 0.02 sec. |
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Disinvestment A reduction in capital investment reflected by a decrease in capital goods and a company's decision not to replace depleted capital goods.
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The nationwide divestment campaign was one of the main messages delivered at AIPAC's annual convention in Washington, which also called for tightening sanctions against Iran at the UN. Los Angles attorney Janice KamenirReznik, who is president of Jewish World Watch, said it was unusual for a Jewish group to commit to a divestment campaign because some campaigns have targeted Israel. After juniors at Harvard University waged an online divestment campaign and seniors refused to contribute to the senior class gift, the administration finally sold its stock in PetroChina, a company with a history of selling arms and forced labor to Sudan. |
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