Divestment
Definition
The partial or full removal of an asset or investment from a business' books. Businesses can divest through sale, closure or bankruptcy. May also refer to a change in corporate strategy or a withdrawal from certain investment goals.
Definition from Nolo’s Plain-English Law Dictionary
The disposal or reduction of an investment or business interest, for financial, legal, or ethical reasons.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:15 pm
