NOUN | communication | divestiture | an order to an offending party to rid itself of property |
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act | divestiture | the sale by a company of a product line or a subsidiary or a division |
Sounds | dayveh'stihcher; dihveh'stihcher | |
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Rhymes | acupuncture ... welcher: 102 rhymes with cher... |
Meaning | An order to an offending party to rid itself of property; it has the purpose of depriving the defendant of the gains of wrongful / wrongful behavior. | |
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Example | "the court found divestiture to be necessary in preventing a monopoly" | |
Category | law, jurisprudence | The collection of rules imposed by authority |
Broader | court order | A writ issued by a court of law requiring a person to do something or to refrain from doing something |
Spanish | enajenación | |
Catalan | alienació | |
Verbs | divest | take away possessions from someone |
Meaning | The sale by a company of a product line or a subsidiary or a division. | |
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Broader | sale | A particular instance of selling |
Verbs | divest | reduce or dispose of |
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