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divestiture

DEFINITIONS OF: divestiture

1

n the sale by a company of a product line or a subsidiary or a division

Type of:
sale
a particular instance of selling

n 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

“the court found divestiture to be necessary in preventing a monopoly”
Type of:
court order
a writ issued by a court of law requiring a person to do something or to refrain from doing something
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