divestiture

Noun

divestiture (countable and uncountable, plural divestitures)

1. The act of selling something off, especially an investment or a business.
   • Organic sales, which exclude the impact of acquisitions, divestitures and foreign exchange, are now expected to rise 2 per cent to 5 per cent[…].2009 January 31, “Procter & Gamble forced to slice view”, in Toronto Star
   • And finally, the transnational discourses of antiapartheidism and divestiture had led the U.K. television industry to ban sales of current programs to South Africa, again shaping the ways Bop-TV could enact its particular form of antigovernment, antiapartheid cultural politics.2013 April 1, Timothy Havens, Black Television Travels: African American Media around the Globe (Book collections on Project MUSE), NYU Press, →ISBN, →LCCN, →OCLC, page 75
2. The process of stripping away an individual's confidence, values and attitudes in order to indoctrinate the individual into an organization.
   • Divestiture socialisation tries to strip away certain characteristics of the recruit.2009 January 31, Stephen P. Robbins, Organisational behaviour in Southern Africa, Pearson South Africa, page 432