divestiture

English

Noun

divestiture (countable and uncountable, plural divestitures)

  1. The act of selling something off, especially an investment or a business.
    • 2009 January 31, “Procter & Gamble forced to slice view”, in Toronto Star‎:
      Organic sales, which exclude the impact of acquisitions, divestitures and foreign exchange, are now expected to rise 2 per cent to 5 per cent […] .
  2. The process of stripping away an individual's confidence, values and attitudes in order to indoctrinate the individual into an organization.
    • 2009 January 31, Stephen P. Robbins, Organisational behaviour in Southern Africa‎, Pearson South Africa, page 432:
      Divestiture socialisation tries to strip away certain characteristics of the recruit.

Derived terms
  • horizontal divestiture

Translations
act of divesting — see divestment
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