divestiture
Noun
Meaning
The act of stripping, or depriving; the state of being divested; the deprivation, or surrender, of possession of property, rights, etc.
Source: Webster's dictionarySynonyms
Antonyms
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Phrases with the word
Examples
the court found divestiture to be necessary in preventing a monopoly
After Mutual's appeals were rejected by the FCC, RCA filed its own appeal to overturn the divestiture order.
ByteDance filed a petition on Tuesday with the U.S. Court of Appeals for the District of Columbia challenging the Trump administration divestiture order.
Maxar reported a net income of $306 million from revenues of $439 million for the three months ended June 30, figures buoyed by the divestiture of MDA in April.
GE's divestiture of NBC Radio – known as "America's First Network" – in many ways marked the "beginning of the end" of the old era of regulated broadcasting and the ushering in of the new, largely unregulated industry that is present today.
The sale of Petrobras shares is the largest divestiture so far of the 110 billion-real stock portfolio owned by the development bank.