divestiture
|di/ves/ti/ture|
C1
🇺🇸
/daɪˈvɛstɪtʃər/
🇬🇧
/daɪˈvɛstɪtʃə/
selling off assets
Etymology
Etymology Information
'divestiture' originates from Latin, specifically the word 'divestire,' where 'di-' meant 'away' and 'vestire' meant 'to clothe.'
Historical Evolution
'divestire' transformed into the French word 'divestir,' and eventually became the modern English word 'divestiture' through Middle English.
Meaning Changes
Initially, it meant 'to strip of clothing,' but over time it evolved into its current meaning of 'selling off business interests.'
Meanings by Part of Speech
Noun 1
the action or process of selling off subsidiary business interests or investments.
The company announced the divestiture of its non-core assets.
Synonyms
Antonyms
Last updated: 2025/01/11 11:45