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Divestment |
Also found in: Dictionary/thesaurus, Legal, Wikipedia, Hutchinson | 0.01 sec. |
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Divestment The process of selling an asset. Also known as divestiture, it is made for either financial or social goals. Divestment is the opposite of investment. Notes: Generally you'd just say that you are selling an asset. The term divestment is more appropriate however in the following contexts:1) A change in corporate strategy - a firm might say that they are divesting a particular subsidiary to focus on their core business. 2) Social goals - there are many political reasons why investors might reduce investments. A notable example was the withdrawal of American firms from South Africa during apartheid. |
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? Mentioned in | ? References in periodicals archive | |
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| Yoder's way beyond supersession is for us to begin to imagine ourselves as one thing, as one community, to disinvest ourselves in difference," Boyarin observes. Archbishop Hutchison also clarified reports that the Anglican Communion has voted to disinvest in Israel. It instead decided to disinvest in companies that had been found guilty by impartial tribunals of violating international conventions to which Sweden had adhered, including conventions on human rights and child labor, various conventions of the International Labour Organization, international environmental conventions, and conventions against bribery and corruption. |
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