divestiture

English

Noun

divestiture (countable and uncountable, plural divestitures)

1. The act of selling something off, especially an investment or a business.
   • 2009 January 31, “Procter & Gamble forced to slice view”, in Toronto Star‎^[1]:

     Organic sales, which exclude the impact of acquisitions, divestitures and foreign exchange, are now expected to rise 2 per cent to 5 per cent […] .

2. The process of stripping away an individual's confidence, values and attitudes in order to indoctrinate the individual into an organization.
   • 2009 January 31, Stephen P. Robbins, Organisational behaviour in Southern Africa‎^[2], Pearson South Africa, page 432:

     Divestiture socialisation tries to strip away certain characteristics of the recruit.

Derived terms

• horizontal divestiture

 

Translations

act of divesting — see divestment