divestiture

divestiture (di-ves-t[schwa]-ch[schwa]r or dI-), n.

1. The loss or surrender of an asset or interest.

2. A court order to a party to dispose of assets or property.

3. Antitrust. A court order to a defendant to rid itself of property, securities, or other assets to prevent a monopoly or restraint of trade. — divest, vb.


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