divestment (C1)
noun
Pronunciation: /daɪˈvɛstmənt/
Definition
The act of selling off assets, especially in order to reduce debt or to make a political or ethical statement.
Examples
The company announced its plan for divestment from its less profitable divisions.
Divestment from companies with poor labor practices is a growing trend among ethical investors.
The campaign called for the divestment of all state pension funds from weapons manufacturers.
How to Use divestment
- divestment from (prepositional phrase)
- To sell off assets or holdings in a particular company, industry, or sector. — "The pressure for divestment from tobacco companies has been ongoing for decades."
Synonyms of divestment
Words with a similar meaning to divestment:
Antonyms of divestment
Words with the opposite meaning to divestment:
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