divestiture
di·ves·ti·ture /dī-'ves-ti-ˌchu̇r, də-, -chər/ n
1: the sale or transfer of title to a property (as an operating division) under court order (as in bankruptcy)
2: the sale of an asset (as a business division) that is unprofitable, does not enhance a corporate restructuring, or is felt to be morally reprehensible

Merriam-Webster’s Dictionary of Law. . 1996.

divestiture
index abridgment (disentitlement), garnishment

Burton's Legal Thesaurus. . 2006


divestiture
n.
In antitrust law, a remedy in which the court orders a defendant to sell off assets and property.
v.
divest

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


divestiture
The disposition or sale of an asset by a company or government entity. It may be voluntary or ordered by a court.
Category: Business, LLCs & Corporations
Category: Personal Finance & Retirement
Category: Small Claims Court & Lawsuits

Nolo’s Plain-English Law Dictionary. . 2009.

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

Law dictionary. . 2013.

Look at other dictionaries:

  • Divestiture — Di*vest i*ture (?; 135), n. The act of stripping, or depriving; the state of being divested; the deprivation, or surrender, of possession of property, rights, etc. [1913 Webster] …   The Collaborative International Dictionary of English

  • divestiture — c.1600, from DIVEST (Cf. divest) on analogy of investiture. Economics sense is from 1961 …   Etymology dictionary

  • divestiture — [də vest′ə chər, dī vest′ə chər] n. a divesting or being divested: also divestment or divesture …   English World dictionary

  • divestiture — A complete asset or investment disposal such as outright sale or liquidation. Bloomberg Financial Dictionary * * * divest di‧vest [daɪˈvest, d ] verb FINANCE 1. [transitive] if a group divests one of the companies that it owns, it gets rid …   Financial and business terms

  • Divestiture — The partial or full disposal of an investment or asset through sale, exchange, closure or bankruptcy. Divestiture can be done slowly and systematically over a long period of time, or in large lots over a short time period. For a business,… …   Investment dictionary

  • divestiture —    The giving up of a possession (e.g., part of a business) or right. If voluntary, divestiture may be an attempt to improve efficiency by cutting a loss making business or concentrating on one product or business area. If court ordered, it may… …   Business law dictionary

  • divestiture — /daveststysr/ In anti trust law, the order of court to a defendant (e.g. corporation) to divest itself of property, securities or other assets. U. S. v. E. I. duPont de Nemours and Co., 366 U.S. 316, 81 S.Ct. 1243, 6 L.Ed.2d 318. A firm s act of… …   Black's law dictionary

  • divestiture — /daveststysr/ In anti trust law, the order of court to a defendant (e.g. corporation) to divest itself of property, securities or other assets. U. S. v. E. I. duPont de Nemours and Co., 366 U.S. 316, 81 S.Ct. 1243, 6 L.Ed.2d 318. A firm s act of… …   Black's law dictionary

  • divestiture — noun 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 (Freq. 4) the court found divestiture to be necessary in preventing a monopoly • Derivationally… …   Useful english dictionary

  • divestiture — noun Etymology: divest + iture (as in investiture) Date: 1601 1. the act of divesting 2. the compulsory transfer of title or disposal of interests (as stock in a corporation) upon government order …   New Collegiate Dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”