Divestiture Meaning
/dɪˈvɛstɪt͡ʃɚ/, /daɪ-/, /-tə-/, /-t͡ʃʊɹ/, /-tjʊɹ/, /daɪˈvɛstɪt͡ʃə/Definition, CEFR level C2, pronunciation, examples, and quiz.
Listen pronunciation
Definition
nounThe act of selling something off, especially an investment or a business.
"Organic sales, which exclude the impact of acquisitions, divestitures and foreign exchange, are now expected to rise 2 per cent to 5 per cent[…]."— 2009 January 31, “Procter & Gamble forced to slice view”, in Toronto Star:
nounThe process of stripping away an individual's confidence, values and attitudes in order to indoctrinate the individual into an organization.
"Divestiture socialisation tries to strip away certain characteristics of the recruit."— 2009 January 31, Stephen P. Robbins, Organisational behaviour in Southern Africa, Pearson South Africa, page 432:
Sentence Examples
The company underwent a major divestiture.
Divestiture reduced the firm's debt.
The company completed the divestiture of its non-core business assets.
CEFR Practice Quiz
The company's ____ of its unprofitable retail chain surprised many investors last week.
CEFR Practice Quiz (Alternate)
The company underwent a major ____.
Explore More C2 Vocabulary Words
CEFR Practice Quiz
The company's ____ of its unprofitable retail chain surprised many investors last week.
CEFR Practice Quiz (Alternate)
The company underwent a major ____.