divestiture

(redirected from Divesture)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia.

divestiture

n. the court ordered or voluntary giving up of a possession or right, which is a common result in an anti-trust action to prevent monopoly or other restraint of trade.

See: abridgment, garnishment
References in periodicals archive ?
Firms with close bank ties face less pressure to make abrupt cuts in employees or engage in divesture restructuring because they are assured of funding, even given a poor performance (Hoshi/Kashyap 2001).
This divesture is currently expected to close in MACOM's fourth fiscal quarter of 2015.
M2 EQUITYBITES-February 13, 2013-UTC announces completion of divesture of UTC Power Unit(C)2013 M2 COMMUNICATIONS http://www.
M2 EQUITYBITES-February 5, 2013-Harris announces completion of divesture of Broadcast Communications business for USD225m(C)2013 M2 COMMUNICATIONS http://www.
United Technologies Corp (NYSE:UTX) announced on Saturday that it has reached an agreement for the divesture of its UTC Power fuel cells unit to ClearEdge Power.
M2 EQUITYBITES-July 14, 2011-Saab announces divesture of shares in C3 Technologies for SEK1,009m(C)2011 M2 COMMUNICATIONS http://www.