divestiture


di·ves·ti·ture

noun \dī-ˈves-tə-ˌchr, -chər, də-, chiefly Southern -t(y)(ə)r\

finance : the act of selling stock, property, etc., because of a government order

Full Definition of DIVESTITURE

1
:  the act of divesting
2
:  the compulsory transfer of title or disposal of interests (as stock in a corporation) upon government order

Examples of DIVESTITURE

  1. Divestitures are used to break up monopolies.
  2. Before divestiture, the telephone company monopolized the state.

Origin of DIVESTITURE

divest + -iture (as in investiture)
First Known Use: 1601

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

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