divestiture of property

See: forfeiture
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Criteria for donations, acquisitions or divestiture of property.
Aspo said that its board had also decided to initiate the divestiture of property.
In The El Paso Company,(27) the Federal Circuit discussed the applicability of the OCD to costs related to a Supreme Court-ordered divestiture of property.
FFO means net income (loss), (computed in accordance with generally accepted accounting principles), excluding gains (or losses) from debt restructuring, divestiture of property and significant non-recurring items that materially distort the comparative measurement of the Company over time, plus depreciation and amortization of real property, and after adjustments for unconsolidated subsidiaries, partnerships and joint ventures.