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Divestiture   /dɪvˈɛstɪtʃər/  /daɪvˈɛstɪtʃər/   Listen
Divestiture

noun
1.
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.
2.
The sale by a company of a product line or a subsidiary or a division.





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"Divestiture" Quotes from Famous Books



... some solemn auto da fe, arrayed in uncouth and most appalling attire—all trace of his late "watchet weeds" carefully effaced, he was exposed in a jacket, resembling those which London lamplighters formerly delighted in, with a cap of the same. The effect of this divestiture was such as the ingenious devisers of it could have anticipated. With his pale and frighted features, it was as if some of those disfigurements in Dante had seized upon him. In this disguisement he was brought into the hall (L.'s favourite state-room), ...
— The Works of Charles and Mary Lamb, Volume 2 • Charles Lamb


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