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Divestiture   /dɪvˈɛstɪtʃər/  /daɪvˈɛstɪtʃər/   Listen
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.
2.
The sale by a company of a product line or a subsidiary or a division.





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"Divestiture" Quotes from Famous Books



... some solemn auto da fe, arrayed in uncouth and most appalling attire—all trace of his late "watchet weeds" carefully effaced, he was exposed in a jacket, resembling those which London lamplighters formerly delighted in, with a cap of the same. The effect of this divestiture was such as the ingenious devisers of it could have anticipated. With his pale and frighted features, it was as if some of those disfigurements in Dante had seized upon him. In this disguisement he was brought into the hall (L.'s favourite state-room), ...
— The Works of Charles and Mary Lamb, Volume 2 • Charles Lamb
... force structure and the traditional roles for those forces. This inertia can freeze our land, sea, air, and space capabilities at current or near current levels, but may prove inadequate to carry out new strategies. There are few incentives for a Service or the Joint Staff to reward innovation or divestiture of roles or missions in order to change the character and mix of land, sea, air, and space forces and to prepare them to fight the battles we must ...
— Shock and Awe - Achieving Rapid Dominance • Harlan K. Ullman and James P. Wade
... have been or may be granted by Congress to the State," and thus of necessity recognizes its right to take such grants. This competency in the State as a grantee was all that was needed to create, under the joint resolution of 1861 and the act of 1862, a complete divestiture of the interests of the United States in these lands. It must be borne in mind, too, that prior to this time these lands had been conveyed by the State of Iowa in furtherance of the purposes of the original Congressional grants, ...
— A Compilation of the Messages and Papers of the Presidents - Section 3 (of 3) of Volume 8: Grover Cleveland, First Term. • Grover Cleveland


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