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What is "divestment"

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divestment
Longman Dictionary of Contemporary English
divestment
noun
EXAMPLES FROM CORPUS
▪ All six companies undertake financial analysis of those companies in which they have an interest for competitive, acquisition or divestment purposes.
▪ But the appropriate remedies might be divestment, regulation, or removal of entry barriers rather than fines.
▪ It is hard to understate the importance of divestment in corporate strategy.
▪ Kobrin has studied no less than 511 acts of forced divestment involving 1,500 firms in 76 Third World countries from 1960 to 1976.
▪ Now in vogue are divestment, MBOs, and break-up bids.
▪ The state expected to raise US$3,500 million from the divestment of its controlling shares to private operators.
▪ Then there is the question of how much the divestment will release for fund managers to manage.
The Collaborative International Dictionary
Divestment

Divestment \Di*vest"ment\, n. The act of divesting. [R.]

Wiktionary
divestment

n. The sale or other disposal of some kind of asset.

Wikipedia
Divestment

In finance and economics, divestment or divestiture is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm. A divestment is the opposite of an investment.

Usage examples of "divestment".

On Hughes’ timecard: find out who’s hawking subpoenas for the TWA antitrust divestment case and bribe them into reporting that Big Howard blasted off for Mars.

I heard he’s pushed the TWA divestment price way up, so when he gets the gelt he can funnel it straight into some account he’s holding, like some kind of zillion-dollar ‘buy up Vegas’ fund.

Your specific duties will be to handle the writ work in my painfully protracted TWA divestment suit, and to help me purchase Las Vegas hotel-casinos with the profits I expect to accrue when I finally divest TWA.

He cut off the armour audio, letting the screen continue its mad flickerings, and initiated the divestment routine.

The first divestment ceremony -- televised live, and rebroadcast many times -- featured white-clad American and Soviet technicians wheeling in two of the dull gray metallic objects, each about as big as an ottoman and festooned variously with stars and stripes, hammers and sickles.

The continuing divestment of nuclear weapons by the five nuclear powers was something the venerables in orbit supported.

The first divestment ceremony--televised live, and rebroadcast many times--featured white clad American and Soviet technicians wheeling in two of the dull gray metallic objects, each about as big as an ottoman and festooned variously with stars and stripes, hammers and sickles.

Room-sized chambers that accommodated four people would be reduced to mere crevices at their farther end, requiring a painstaking divestment of all supply packs before the party could pass through.

Room-sized chambers that ac­commodated four people would be reduced to mere crev­ices at their farther end, requiring a painstaking divestment of all supply packs before the party could pass through.