|
|
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. Noun. the act of divesting, or something divested ¹
2. Noun. the sale or liquidation of a subsidiary company, especially if forced by some governing authority ¹
¹ Source: wiktionary.com
Definition of Divestiture
1. [n -S]
Lexicographical Neighbors of Divestiture
Literary usage of Divestiture
Below you will find example usage of this term as found in modern and/or classical literature:
1. Judicial and Statutory Definitions of Words and Phrases by West Publishing Company (1914)
"RESERVED POWER OF divestiture For the express purpose of avoiding the result
dependent upon the .beneficiary dying before the assured, the practice grew up ..."
2. British Synonymy: Or, An Attempt at Regulating the Choice of Words in by Hester Lynch Piozzi (1794)
"... from the idea of divestiture, while it delights in the trappings of a court,
and fears the DEPRIVATION OF DIGNITY more than the lofs of virtue or hope ..."
3. The Encyclopædia of Pleading and Practice: Under the Codes and Practice Acts by William Mark McKinney, Thomas Johnson Michie (1898)
"divestiture by Implication.— When jurisdiction is once conferred, it cannot be
taken away by implication, but such a result can only be reached by express ..."
4. Ruling Case Law as Developed and Established by the Decisions and by William Mark McKinney, Burdett Alberto Rich (1915)
"... subject to divestiture on failure to perform the condition ; n while conditions
precedent are those which must take place before the estate can vest or ..."
5. The Scottish Jurist: Containing Reports of Cases Decided in the House of by House of Lords, Great Britain Parliament. House of Lords, Parliament, Great Britain (1857)
"It comes to the question, whether it contains averment of investiture or of
divestiture. Both parties are ready to stand ou the record as it now stands. ..."
Other Resources:
