Definition

The act of selling or getting rid of a part of a business or property, often a division or subsidiary.

Example

The company announced a divestiture of its underperforming assets to focus on its core business.

Conversation

Did you hear about the company's divestiture last week?

Yeah, it surprised me! I didn't think they would sell off that division.

I know, right? It seems like a big decision to go through with a divestiture like that.

For sure! I wonder how it will affect their overall business strategy.

Synonyms & Antonyms

Root Explanation

Divestiture → It is formed from "di-" (meaning apart) and "vestire" (meaning to clothe or dress) combined with the suffix "-ure" (indicating an action or process). The word refers to the process of taking away or removing something that has been invested or clothed in ownership.

Memory Tip

Think of 'taking away' ('di-') something that has been 'clothed' ('vestire') in ownership — that's why divestiture means the process of removing ownership.

Visually Confused Words