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BNC: 0 COCA: 27544

divestiture

1 ENTRIES FOUND:
divestiture /daɪˈvɛstəˌtʃuɚ/ noun
plural divestitures
divestiture
/daɪˈvɛstəˌtʃuɚ/
noun
plural divestitures
Learner's definition of DIVESTITURE
finance
: the act of selling stock, property, etc., because of a government order(在政府命令下将股权、资产等)强制出售(或处理)
[count]
[noncount]
BNC: 0 COCA: 27544

divestiture

noun

di·​ves·​ti·​ture dī-ˈve-stə-ˌchu̇r How to pronounce divestiture (audio)
-chər,
də-,
 chiefly Southern  -t(y)u̇(ə)r
1
: the act of divesting
2
: the compulsory transfer of title or disposal of interests (such as stock in a corporation) upon government order

Example Sentences

Divestitures are used to break up monopolies. Before divestiture, the telephone company monopolized the state.
Recent Examples on the Web Pioneer cited a divestiture as a reason for the decrease. Benoît Morenne, WSJ, 6 Aug. 2022 In the financial year covered by the annual report, the company had seven acquisitions and one divestiture. Steve Banker, Forbes, 1 July 2022 The reason for the underperformance was that the firm completed a whopping $10 billion divestiture program late last year, leaving it with core operations in the Permian, Rockies and Gulf of Mexico. Moneyshow, Forbes, 13 Apr. 2022 The sale is the final piece of the company’s divestiture of its security business and is subject to regulatory approval. Stephen Singer, Hartford Courant, 28 Apr. 2022 In the company’s fiscal third quarter ended May 1, organic net sales, stripping out the impact of a baby-food brand divestiture, jumped 9% from a year earlier. Aaron Back, WSJ, 8 June 2022 That divestiture ended the telco’s run in media and entertainment to focus on its core telecommunications biz. Todd Spangler, Variety, 20 May 2022 The divestiture came late last month, soon after Russia invaded Ukraine. Eric Berger, Ars Technica, 25 Mar. 2022 The divestiture likely includes two dispensaries and a cultivation facility in Illinois. Robert Channick, chicagotribune.com, 23 Mar. 2022 See More

Word History

Etymology

divest + -iture (as in investiture)

First Known Use

1601, in the meaning defined at sense 1

Time Traveler
The first known use of divestiture was in 1601
BNC: 0 COCA: 27544

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