English Dictionary |
DIVESTITURE
Pronunciation (US): | (GB): |
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Dictionary entry overview: What does divestiture mean?
• DIVESTITURE (noun)
The noun DIVESTITURE has 2 senses:
1. 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
2. the sale by a company of a product line or a subsidiary or a division
Familiarity information: DIVESTITURE used as a noun is rare.
Dictionary entry details
Sense 1
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
Classified under:
Nouns denoting communicative processes and contents
Context example:
the court found divestiture to be necessary in preventing a monopoly
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)
Sense 2
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))
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