divestment

divest di‧vest [daɪˈvest, d-] verb FINANCE
1. [transitive] if a group divests one of the companies that it owns, it gets rid of it by selling it:

• We fulfilled our commitment to shareholders to divest our downstream business by creating a new company.

2. [transitive] if a company divests assets, it sells them, for example because it needs cash for another activity or to repay debts:

• Where our competitive position is weak, we have continued to divest assets to help fund more profitable ventures elsewhere.

3. [intransitive] to reduce the number of your investments by selling some of them:

• performance reports which may signal that it is time to divest rather than invest

— divestment noun [countable, uncountable] :

• The string of divestments is part of the holding company's effort to lighten its debt load.

— divestiture noun [countable, uncountable] :

• The divestiture of AT&T in 1984 opened up the US telecommunications equipment market.

* * *

divestment UK US /daɪˈvestmənt/ US  /dɪˈvestmənt/ noun [C or U]
FINANCE the process of selling an asset, a business, or part of a business: »

The divestment of the US unit will remove a loss and help cut interest payable.


Financial and business terms. 2012.

Look at other dictionaries:

  • divestment — index appropriation (taking), attachment (seizure), condemnation (seizure), curtailment, denial …   Law dictionary

  • Divestment — Di*vest ment, n. The act of divesting. [R.] [1913 Webster] …   The Collaborative International Dictionary of English

  • Divestment — This article is about the business concept. For other uses, see Disinvestment and Divestment campaign. Finance Financial …   Wikipedia

  • Divestment — (Roget s Thesaurus) < N PARAG:Divestment >N GRP: N 1 Sgm: N 1 divestment divestment Sgm: N 1 taking off taking off &c. >V. GRP: N 2 Sgm: N 2 nudity nudity Sgm: N 2 bareness bareness &c. >Adj. Sgm …   English dictionary for students

  • Divestment — The process of selling an asset. Also known as divestiture, it is made for either financial or social goals. Divestment is the opposite of investment. Generally you d just say that you are selling an asset. The term divestment is more appropriate …   Investment dictionary

  • divestment — UK [daɪˈvestmənt] / US noun [countable/uncountable] Word forms divestment : singular divestment plural divestments economics the process of selling shares or assets or of taking back money that you have invested …   English dictionary

  • divestment — In property law, the cutting short of an interest prior to its normal termination. Restatement, Second, Property, No. 16. The complete loss of an interest in land (total divestment) or the partial loss of it by virtue of others sharing it… …   Black's law dictionary

  • divestment — (New American Roget s College Thesaurus) Stripping of covering Nouns 1. divestment, divestiture; taking off, disrobing, undressing; [de]nudation; decortication, hair removal, depilation, excoriation, desquamation; molting, ecdysis; exfoliation.… …   English dictionary for students

  • divestment — Gen Mgt the sale or closure of one or several businesses, or parts of a business. Divestment often takes place as part of a rationalization effort to cut costs or to enable an organization to concentrate on core business or competences, and may… …   The ultimate business dictionary

  • divestment — noun see divest …   New Collegiate Dictionary

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