divestiture

di·ves·ti·ture

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

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

Rhymes with DIVESTITURE

candidature, caricature, discomfiture, distemperature, entablature, entrepreneur, expenditure, imprimatur, investiture, literature, miniature, musculature, nomenclature, non sequitur