divestiture
/dɪvˈɛstɪtʃɚ/ · 4 syllables
Meaning
noun
- 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” - the sale by a company of a product line or a subsidiary or a division
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