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 This is the deal model that is easiest to absorb, creates the highest degree of economies of scale, and involves the least need for follow-on activities like divestitures of non-core assets. David Blackmon, Forbes, 14 Feb. 2024 Maryland racing was also losing money, according to TSG, but no such claim of sending money to prop up Santa Anita was made in light of the divestiture of Pimlico. John Cherwa, Los Angeles Times, 5 Jan. 2024 If Young rejects the government’s case entirely or allows the merger to go through with limited additional divestiture by JetBlue to ensure competition, the Alaska-Hawaiian deal will likely face minimal scrutiny. Jeremy Lott, Washington Examiner, 4 Jan. 2024 Illumina is challenging the FTC divestiture order in federal appellate court. Natallie Rocha, San Diego Union-Tribune, 2 Dec. 2023 Dara deserves credit for putting more emphasis on profitability through cost-cutting, divestitures of non-core businesses, and abandoning unprofitable markets. Len Sherman, Forbes, 11 Dec. 2023 Such divestitures could streamline operations while also raising questions about future innovation and support for VMware's broader product suite. Steve McDowell, Forbes, 10 Dec. 2023 The judge asked both sides if there were other divestitures by JetBlue and Spirit that might make the merger acceptable. Michael Casey, Fortune, 6 Dec. 2023 The divestiture plan also includes 104 stores in Washington state and 13 from the Albertsons portfolio in Idaho. oregonlive, 8 Sep. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'divestiture.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 22 Feb. 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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