Divestiture

noun
dɪ'vɛstɪʧər

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

  • the sale by a company of a product line or a subsidiary or a division

    Type of:Sale

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