Divestiture Meaning

There are 2 meaning(s) for word Divestiture

Meaning 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

    Example : the court found divestiture to be necessary in preventing a monopoly

Meaning 2 : the sale by a company of a product line or a subsidiary or a division