Meaning & use
Divestiture
Last updated
The act of selling off a subsidiary, division, or other business asset or investment.
See it in a sentence
The company announced the divestiture of its retail division.
Regulators required the divestiture of several overlapping business units.
A note on using this word
Common in business and legal contexts, often required by antitrust regulators to reduce a company's market dominance.
Words with a similar meaning
disposalsale
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Words with an opposite meaning
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