Divestiture
Also found in: Dictionary, Medical, Legal, Encyclopedia, Wikipedia.(redirected from iconectiv)
Divestiture
The removal of
assets from a person or firm's
balance sheet through
sale,
exchange, closure,
bankruptcy, or some other means. Divestiture may occur when a person or company has acquired more than he/she/it can properly administer. This sort of divestiture may occur slowly; for example, a
corporation may slowly sell
subsidiaries to concentrate exclusively on its
core competence. On the other hand, divestiture may occur because a person or company has become cash poor and needs to build
liquidity very quickly.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
Copyright © 2003-2025 Farlex, Inc
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.