Definitions for: Divestiture


[n] 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; "the court found divestiture to be necessary in preventing a monopoly"



Webster (1913) Definition: 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.

See Also: court order

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