divestiture

plural divestitures

1. countableuncountableThe act of selling something off, especially an investment or a business.

   Organic sales, which exclude the impact of acquisitions, divestitures and foreign exchange, are now expected to rise 2 per cent to 5 per cent[…].

   2009 January 31, “Procter & Gamble forced to slice view”, in Toronto Star

   1 more example

   And finally, the transnational discourses of antiapartheidism and divestiture had led the U.K. television industry to ban sales of current programs to South Africa, again shaping the ways Bop-TV could enact its particular form of antigovernment, antiapartheid cultural politics.

   2013 April 1, Timothy Havens, Black Television Travels: African American Media around the Globe (Book collections on Project MUSE), NYU Press, →ISBN, →LCCN, →OCLC, page 75

2. countableuncountableThe process of stripping away an individual's confidence, values and attitudes in order to indoctrinate the individual into an organization.

   Divestiture socialisation tries to strip away certain characteristics of the recruit.

   2009 January 31, Stephen P. Robbins, Organisational behaviour in Southern Africa, Pearson South Africa, page 432