Skip to definition.
Get the FREE one-click dictionary software for Windows or the iPhone/iPad and Android apps


Noun: divestiture  dI'ves-ti-chu(r) or di'ves-ti-chu(r)
  1. (law) an order to an offending party to rid itself of property; it has the purpose of depriving the defendant of the gains of wrongful behaviour
    "the court found divestiture to be necessary in preventing a monopoly"
     
  2. The sale by a company of a product line or a subsidiary or a division

Derived forms: divestitures

Type of: court order, sale

Encyclopedia: Divestiture