divestiture

divestiture
a) the act of divesting, or something divested
b) the sale or liquidation of a subsidiary company, especially if forced by some governing authority

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  • divestiture — di·ves·ti·ture /dī ves ti ˌchu̇r, də , chər/ n 1: the sale or transfer of title to a property (as an operating division) under court order (as in bankruptcy) 2: the sale of an asset (as a business division) that is unprofitable, does not enhance… …   Law dictionary

  • Divestiture — Di*vest i*ture (?; 135), n. The act of stripping, or depriving; the state of being divested; the deprivation, or surrender, of possession of property, rights, etc. [1913 Webster] …   The Collaborative International Dictionary of English

  • divestiture — c.1600, from DIVEST (Cf. divest) on analogy of investiture. Economics sense is from 1961 …   Etymology dictionary

  • divestiture — [də vest′ə chər, dī vest′ə chər] n. a divesting or being divested: also divestment or divesture …   English World dictionary

  • divestiture — A complete asset or investment disposal such as outright sale or liquidation. Bloomberg Financial Dictionary * * * divest di‧vest [daɪˈvest, d ] verb FINANCE 1. [transitive] if a group divests one of the companies that it owns, it gets rid …   Financial and business terms

  • Divestiture — The partial or full disposal of an investment or asset through sale, exchange, closure or bankruptcy. Divestiture can be done slowly and systematically over a long period of time, or in large lots over a short time period. For a business,… …   Investment dictionary

  • divestiture —    The giving up of a possession (e.g., part of a business) or right. If voluntary, divestiture may be an attempt to improve efficiency by cutting a loss making business or concentrating on one product or business area. If court ordered, it may… …   Business law dictionary

  • divestiture — /daveststysr/ In anti trust law, the order of court to a defendant (e.g. corporation) to divest itself of property, securities or other assets. U. S. v. E. I. duPont de Nemours and Co., 366 U.S. 316, 81 S.Ct. 1243, 6 L.Ed.2d 318. A firm s act of… …   Black's law dictionary

  • divestiture — /daveststysr/ In anti trust law, the order of court to a defendant (e.g. corporation) to divest itself of property, securities or other assets. U. S. v. E. I. duPont de Nemours and Co., 366 U.S. 316, 81 S.Ct. 1243, 6 L.Ed.2d 318. A firm s act of… …   Black's law dictionary

  • divestiture — noun 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 (Freq. 4) the court found divestiture to be necessary in preventing a monopoly • Derivationally… …   Useful english dictionary

  • divestiture of property — index forfeiture (act of forfeiting) Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

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