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divestiture

/dɪvˈɛstɪtʃɚ/ · 4 syllables

Meaning

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
    “the court found divestiture to be necessary in preventing a monopoly”
  2. the sale by a company of a product line or a subsidiary or a division
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