divesture
/daɪˈvɛstʃər/
noun
- The act of selling off or getting rid of something, especially a business or investment (less common variant of divestiture).
- The divesture of the company's unprofitable divisions was completed last year.
- Shareholders approved the divesture of the real estate holdings.
- The government's divesture of state-owned enterprises was controversial.
- The act of removing or taking away something, such as a right or possession.
- The divesture of her title left her without official status.
- The divesture of the tribe's ancestral lands sparked legal battles.
- His divesture of all personal belongings was part of his minimalist lifestyle.
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