divestiture
noun
di·ves·ti·ture
dī-ˈve-stə-ˌchu̇r
-chər,
də-,
chiefly Southern -t(y)u̇(ə)r
: the act of divesting: such as
a
: the voluntary act or process of divesting oneself of an asset (such as a business division) by sale, exchange, spin-off, etc.
b
: the compulsory transfer of title or disposal of assets or interests (such as stock in a corporation) upon government or court order (as in bankruptcy or antitrust enforcement)
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Merriam-Webster unabridged




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