divestiture

Definitions of divestiture
  1. noun
    the sale by a company of a product line or a subsidiary or a division
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    type of:
    sale
    a particular instance of selling
  2. noun
    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”
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    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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