Divestiture

(redirected from divested)
Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.

Divestiture

A complete asset or investment disposal such as outright sale or liquidation.

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.

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.
References in periodicals archive ?
In October 2014, the rights to NeuroSearch's clinical development compounds, tesofensine and NS2359, were divested to Saniona.
have been among the names cited in media and analyst reports as potential buyers of divested stores.
The AHA says finding a buyer big enough to do something useful with the assets divested by huge health insurers would be, at best, challenging.
Vesti Finance said the central bank divested some of the country's gold holdings "in order to maintain the exchange rate."
Larger assets would be divested under duress, such as to alleviate urgent financial constraint.
The amendments, to be applicable with retrospective effect, propose that if the property was divested from the custodian before July 2, 2010, it shall stand transferred to and vest or continue to vest in the custodian.
The Norwegian government had previously divested from the Israeli company Elbit Systems, due to its role in building Israel's wall in the Occupied West Bank in violation of international law.
This has led to a level of success, although some schools have divested from just a few companies instead of taking on many offenders.
Making arrangements in advance with another CPA to take over the divested clients is clearly the best approach.
Aon divested Swett & Crawford, the largest U.S.-based wholesale insurance broker, and still plans to divest Cananwill, its premium finance arm.
Could divested commercial lands herald the return of town forests or will investors angling for quick profits and urban development win the day?
Does this mean that all human beings now accept a concept of apricots that considers them as mere objects made up of atoms and molecules, whose composition can be altered at will and which can be divested of their innate nature?