di·ves·ti·ture /dī-'ves-ti-ˌchu̇r, də-, -chər/ n1: the sale or transfer of title to a property (as an operating division) under court order (as in bankruptcy)2: the sale of an asset (as a business division) that is unprofitable, does not enhance a corporate restructuring, or is felt to be morally reprehensible
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
n.In antitrust law, a remedy in which the court orders a defendant to sell off assets and property.v.divest
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
The disposition or sale of an asset by a company or government entity. It may be voluntary or ordered by a court.Category: Business, LLCs & CorporationsCategory: Personal Finance & RetirementCategory: Small Claims Court & Lawsuits
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
n.the court-ordered or voluntary giving up of a possession or right, which is a common result in an antitrust action to prevent monopoly or other restraint of trade.
Law dictionary. EdwART. 2013.
Look at other dictionaries:
Divestiture — Di*vest i*ture (?; 135), n. The act of stripping, or depriving; the state of being divested; the deprivation, or surrender, of possession of property, rights, etc. [1913 Webster] … The Collaborative International Dictionary of English
divestiture — c.1600, from DIVEST (Cf. divest) on analogy of investiture. Economics sense is from 1961 … Etymology dictionary
divestiture — [də vest′ə chər, dī vest′ə chər] n. a divesting or being divested: also divestment or divesture … English World dictionary
divestiture — A complete asset or investment disposal such as outright sale or liquidation. Bloomberg Financial Dictionary * * * divest di‧vest [daɪˈvest, d ] verb FINANCE 1. [transitive] if a group divests one of the companies that it owns, it gets rid … Financial and business terms
Divestiture — The partial or full disposal of an investment or asset through sale, exchange, closure or bankruptcy. Divestiture can be done slowly and systematically over a long period of time, or in large lots over a short time period. For a business,… … Investment dictionary
divestiture — The giving up of a possession (e.g., part of a business) or right. If voluntary, divestiture may be an attempt to improve efficiency by cutting a loss making business or concentrating on one product or business area. If court ordered, it may… … Business law dictionary
divestiture — /daveststysr/ In anti trust law, the order of court to a defendant (e.g. corporation) to divest itself of property, securities or other assets. U. S. v. E. I. duPont de Nemours and Co., 366 U.S. 316, 81 S.Ct. 1243, 6 L.Ed.2d 318. A firm s act of… … Black's law dictionary
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 (Freq. 4) the court found divestiture to be necessary in preventing a monopoly • Derivationally… … Useful english dictionary
divestiture — noun Etymology: divest + iture (as in investiture) Date: 1601 1. the act of divesting 2. the compulsory transfer of title or disposal of interests (as stock in a corporation) upon government order … New Collegiate Dictionary