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Definition of Divestiture
1. 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"
2. Noun. The sale by a company of a product line or a subsidiary or a division.
Definition of Divestiture
1. n. The act of stripping, or depriving; the state of being divested; the deprivation, or surrender, of possession of property, rights, etc.
Definition of Divestiture
1. [n -S]