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DIVESTITURE
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
The sale by a company of a product line or a subsidiary or a division
Classified under:
Nouns denoting acts or actions
Hypernyms ("divestiture" is a kind of...):
sale (a particular instance of selling)
Derivation:
divest (reduce or dispose of; cease to hold (an investment))
Sense 2
Meaning:
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
Example:
the court found divestiture to be necessary in preventing a monopoly
Classified under:
Nouns denoting communicative processes and contents
Hypernyms ("divestiture" is a kind of...):
court order (a writ issued by a court of law requiring a person to do something or to refrain from doing something)
Domain category:
jurisprudence; law (the collection of rules imposed by authority)
Derivation:
divest (take away possessions from someone)
