What is the meaning of divestiture?

noun

  • An order to an offending party to rid itself of property; it has the purpose of depriving the defendant of the gains of wrongful behavior.
    • usage: "the court found divestiture to be necessary in preventing a monopoly"
  • The sale by a company of a product line or a subsidiary or a division. .
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APAWordNet. (2010). divestiture. Retrieved September 21, 2026, from http://smartdefine.org/divestiture/definitions/1322137
ChicagoWordNet. 2010. "divestiture" http://smartdefine.org/divestiture/definitions/1322137 (accessed September 21, 2026).
HarvardWordNet 2010, divestiture, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/divestiture/definitions/1322137>.
MLAWordNet. "divestiture" 23 October 2010. Web. 21 September 2026. <http://smartdefine.org/divestiture/definitions/1322137>
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