divestiture

/daɪˈvɛstɪtʃər/
noun
  1. The act of selling off a business, investment, or asset.
    • After the divestiture, the firm became much smaller but more profitable.
    • The company's divestiture of its overseas operations raised billions of dollars.
    • The government ordered the divestiture of the monopoly's subsidiaries.
  2. The act of removing or taking away something, such as a right or property.
    • Citizens protested the divestiture of their public lands.
    • The divestiture of the dictator's assets was ordered by the court.
    • The divestiture of her inheritance left her with nothing.
Synonyms
What does "divestiture" mean? | whatsthatwordmean | whatsthatwordmean