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divestiture
(redirected from Divesture)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia 0.12 sec.
Divestiture
A complete asset or investment disposal such as outright sale or liquidation.
divestiture
The sale, liquidation, or spinoff of a division or subsidiary. For example, a firm may decide to divest itself of a division in order to concentrate its managerial efforts on more promising segments of its business.


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The stores already had been targeted for divesture by Federated as a result of the company's $11 billion acquisition of May Department Stores Co.
Westfield deal by Los Angeles Business Journal
The company estimates the loss on disposal from the Tennessee divesture to be $416,000 for the fiscal year.
GreenMan delays annual filing by Recycling Today
A federal judge, however, ruled in early 2004 that the monument's place on public land violated the separation of church and state, despite the city's divesture of it.
Wisc. Commandments sale approved by appellate court by Church & State
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