divestiture Meaning, Definition & Usage
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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
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noun the sale by a company of a product line or a subsidiary or a division
WordNet
Di*vest"i*ture noun
Definitions
The act of stripping, or depriving; the state of being divested; the deprivation, or surrender, of possession of property, rights, etc.