'Divestiture' definitions:
Definition of 'divestiture'
From: WordNet
noun
An order to an offending party to rid itself of property; it has the purpose of depriving the defendant of the gains of wrongful behavior; "the court found divestiture to be necessary in preventing a monopoly"
noun
The sale by a company of a product line or a subsidiary or a division
Definition of 'Divestiture'
From: GCIDE
- Divestiture \Di*vest"i*ture\ (?; 135), n. The act of stripping, or depriving; the state of being divested; the deprivation, or surrender, of possession of property, rights, etc. [1913 Webster]