Definition, Meaning & Synonyms
divestiture
noun
dih-vest-ih-cher
Definition
The process of selling off or disposing of assets or subsidiaries.
Examples
- After the merger, the company announced a divestiture of its non-core businesses.
- The divestiture of the subsidiary helped to streamline operations and increase profitability.
- Investors were concerned about the potential impact of the divestiture on the company’s market position.
Meaning
Divestiture refers to the act of getting rid of assets or investments, often for financial, strategic, or regulatory reasons.
Synonyms
- disposal
- liquidation
- divorce
- separation
- relinquishment
