divestment
/daɪˈvɛstmənt/
noun
- The act of selling off or getting rid of investments or assets, often for ethical or political reasons.
- Divestment from fossil fuels is a growing trend among pension funds.
- The church announced its divestment from all arms manufacturers.
- The university's divestment from tobacco companies was praised by student activists.
- The act of removing or taking away something, such as a right or possession.
- He argued for the divestment of the government's control over the media.
- The divestment of the royal family's lands was a key step in the reform.
- The divestment of her authority left her powerless.
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