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divestment

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.

divestment to strip one's investment from an entity.


See also: appropriation, attachment, condemnation, curtailment, denial, disseisin, distraint, distress, eviction, expropriation, foreclosure, forfeiture, privation, removal, sequestration, taking


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Temasek announced in early October that it had begun divestment of wholly-owned PowerSeraya but last week said it had decided not to proceed further, "in light of the market conditions".
By Daniel Van Oudenaren October 20, 2008 (WASHINGTON) -- Two retirement fund systems in New Hampshire are asking a court to rule on whether the systems can comply with Sudan divestment legislation without violating the state constitution.
But the firm said today: "In light of the current funding environment for potential buyers, Experian has concluded that at this time divestment is not in the best interests of shareholders.
 
 
 
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