DIVESTITURE - Definition & Meaning for Kids

Simple definitions and word synonyms for kids.

Part of speech: Noun

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

Example: the court found divestiture to be necessary in preventing a monopoly

Categories: Court order

Part of speech: Noun

the sale by a company of a product line or a subsidiary or a division

Categories: Sale