Etymology
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divestiture (n.)

c. 1600, "act of stripping or depriving," from divest on analogy of investiture. Economics sense is by 1955.

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Definitions of divestiture

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
divestiture (n.)
the sale by a company of a product line or a subsidiary or a division;
From wordnet.princeton.edu