divestiture

noun

di·​ves·​ti·​ture dī-ˈve-stə-ˌchu̇r How to pronounce divestiture (audio)
-chər,
də-,
 chiefly Southern  -t(y)u̇(ə)r
1
: the act of divesting
2
: the compulsory transfer of title or disposal of interests (such as stock in a corporation) upon government order

Examples of divestiture in a Sentence

Divestitures are used to break up monopolies. Before divestiture, the telephone company monopolized the state.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The filing also discusses the divestiture of the Stride and Row House brands and the wind down of AKT brand franchise operations. Quartz Bot, Quartz, 12 Nov. 2024 Quarterly commentary Dover saw year-over-year organic bookings growth of 5% in the quarter — defined as total orders received from customers in the reported period excluding the impact of foreign-exchange rates and divestitures and acquisitions. Kevin Stankiewicz, CNBC, 24 Oct. 2024 Indeed, this divestiture plan bears alarming similarities to an earlier such scheme, also involving Albertsons. Michael Hiltzik, Los Angeles Times, 9 Oct. 2024 Yost also defended the grocers' divestiture plan to C&S, saying that the move sufficiently addresses the competitive overlap. Kimberly Chin, Axios, 15 Aug. 2024 See all Example Sentences for divestiture 

Word History

Etymology

divest + -iture (as in investiture)

First Known Use

1601, in the meaning defined at sense 1

Time Traveler
The first known use of divestiture was in 1601

Dictionary Entries Near divestiture

Cite this Entry

“Divestiture.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/divestiture. Accessed 29 Nov. 2024.

Legal Definition

divestiture

noun
di·​ves·​ti·​ture dī-ˈves-ti-ˌchu̇r, də-, -chər How to pronounce divestiture (audio)
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 a corporate restructuring, or is felt to be morally reprehensible

More from Merriam-Webster on divestiture

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