Divestiture meaning

What does “divestiture” mean? Definitions, examples, synonyms and opposites.

“divestiture” is a noun with 2 meanings. Its most common meaning is: 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.

divestiture

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”
the sale by a company of a product line or a subsidiary or a division

Source: WordNet 3.1, Princeton University

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